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Alternate explanation: there is a massive dollar shortage globally due to US based and Eurodollar banks being unable/unwilling to lend and dollars are preferent
by wins32767 4y ago
Alternate explanation: there is a massive dollar shortage globally due to US based and Eurodollar banks being unable/unwilling to lend and dollars are preferentially being spent to import important goods because what else are people going to take?
- xuki 4y agoDXY is at the bottom of 52 week range does not support this.
- IAmGraydon 4y agoA hilarious take given the DXY is up almost 50% in the last 10 years. By all means, keep picking those cherries, though.
- rybosworld 4y agoThere is no way to to use DXY as a barometer for/against de-dollarization. This is equivalent to "there was abnormal amount of snow last week so global warming must not be real"
- Proven 4y ago[dead]