Practically nobody enters the foreign exchange markets looking to buy and hold. Currency trading is generally a short-term game, and there isn’t much regard for analysis of the longer-term fundamentals.
That much is evident given the ongoing rally in the Federal Reserve Note dollar, despite its outlook being downright grim.
Nobody should be fooled by recent outperformance relative to the currencies of other insolvent nations.
The greenback is in the worst shape of its life.
Sound money advocates are already well versed as to why the dollar has been losing purchasing power ever since the Federal Reserve took control of its fortunes more than a century ago. They understand the implications of perpetually rising federal deficits and debt.
The most recent decade, during which federal borrowing has begun growing exponentially, indicates
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