all relates to interest differentials and the cross currents of the need to print before the clock runs out. as we've seen china is loosing control of the currency. when their currency weakens their peg partners strengthen... that being said when you weaken your currency you import inflation, however you export deflation. if we dont make drastic moves to weaken in a material matter we may see the dollar make a major run due to its scarcity. this end game is likely to result in a break up in the sino-american debt loop. lets just hope our ppl make material measures to lean dovish/expand the money supply
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