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Look up Peter Zeihan. He’s bullish on the dollar mostly because it’s the world’s reserve currency and there really isn’t a good alternative. That said... I’ve h
by christophilus 7y ago
Look up Peter Zeihan. He’s bullish on the dollar mostly because it’s the world’s reserve currency and there really isn’t a good alternative. That said... I’ve heard the dollar referred to as the best looking horse in the glue factory.
- lowdose 7y agoThat horse is not a one trick pony and has an enormous amount of capital invested in defensive capabilities. Enemies that become an unwanted source of distraction are deinstalled by an act of god.
- ro-_-b 7y agoThat doesn't mean you shouldn't buy gold & other hard assets. Even if the Euro and others decrease in relation to the Dollar the Dollar might decrease in relation to gold/hard assets & in my opinion likely will in the next 2-3 years.