Macro Voices Discussion Forum

facebook bannerThe MacroVoices Discussion Forum has Moved to Facebook and Twitter

The MacroVoices discussion forum has been moved to Facebook and Twitter. For your convenience you can view the most recent activity on both below however for the best user experience please use the links below to navigate to the social media venue of your choice.

MacroVoices Facebook Link:

MacroVoices Twitter Link:

Welcome, Guest
Username: Password: Remember me
Welcome to the Macro Voices Podcast Forum!

Post you comments and questions about specific podcasts here.

TOPIC: %70 of GLOBAL GDP rests on the dollar! Crazy!

%70 of GLOBAL GDP rests on the dollar! Crazy! 8 months 3 weeks ago #1

  • pjlb
  • pjlb's Avatar
  • Offline
  • Fresh Boarder
  • Posts: 1
  • Karma: 0
Heard this figure on another one of my RSS subscriptions:

That's incredible. The BIS acknowledged roughly %60 of all Forex volume includes $USD, so %70 global GDP resting on $USD makes sense. The Fed is de facto setting monetary policy for a majority of the world population.

The current narrative in the US is "normalization", yet as the ECB + JCB and most other nations rely on QE and ZIRP to keep their economies from imploding.. and the Fed is insistent on strengthening the dollar.. Seems like something will break somewhere.

I for one can't believe this is by accident. Globalists are ruthless. The motivation to tie international trade under a single ruleset makes great sense from an economic/trade perspective. Knowing how proud/selfish nationalities can be, perhaps crushing them with irrepayable loans/debt to the point they have no choice but to accept sanctions is the only way to bring about true equanimity in global trade.
The administrator has disabled public write access.
Moderators: ErikTownsend
Time to create page: 0.143 seconds

MACRO VOICES is presented for informational and entertainment purposes only. The information presented in MACRO VOICES should NOT be construed as investment advice. Always consult a licensed investment professional before making important investment decisions. The opinions expressed on MACRO VOICES are those of the participants. MACRO VOICES, its producers, and hosts Erik Townsend and Nathan Egger shall NOT be liable for losses resulting from investment decisions based on information or viewpoints presented on MACRO VOICES.

Go to top