What Keeps Us Up At Night…

This could end America’s free-ride:  no more QE;  no more balance of payments deficits without tears;  and no more foreign financing of the U.S. budget deficit.

We hope the Administration at least is concerned and has it on their radar.

No doubt it is, in part, the result of this (see here).

 

This entry was posted in Dollar, Uncategorized and tagged , , , . Bookmark the permalink.

5 Responses to What Keeps Us Up At Night…

  1. gulfcoastcommentary says:

    Wait, was there any kind of crisis when the EUR transactions were far ahead of the USD SWIFT transactions in 2011 and 2012? Those years weren’t “crisis” years. Looks to me like we’re just heading back to that regime. I don’t see where this alone would keep anyone awake at night.

  2. macromon says:

    Thanks for comments, Doug. It looks like 2011 &2012 were a blip, probably having something to do with Euro debt crisis. I don’t know. What worries me is this looks like a trend and combined with global push back to the Administration’s policies, it is something we have to keep on the radar. The only thing that saved us during the crisis and the ramp of QE was the reserve status and willingness to hold dollars. Otherwise, QE would have resulted in hyperinflation. It’s going to get interesting. Have a great holiday, my brother.

  3. Pingback: Is Trump Starting To Lean On The Fed Or Setting It Up? | peoples trust toronto

  4. Pingback: Is Trump Starting To Lean On The Fed Or Setting It Up? | StockTalk Journal

  5. Pingback: Is Trump Starting To Lean On The Fed Or Setting It Up? – TCNN: The Constitutional News Network

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s