80% of the dollars in circulation have been created… in the last 5 years!
Such an acceleration, unprecedented in the macroeconomic history of the world’s most powerful country, raises the question: could it harm the dollar’s status as a reserve currency?
In my opinion, the opposite is true—the dollar, once again, is being used as a weapon.
This intense monetary creation is fueling the massive Inflation Reduction Act (IRA) with $800 billion in spending, widespread acquisitions of companies in Europe, and the United States’ global geopolitical strategy.
One observation: they are capable of multiplying, and exponentially increasing their monetary creation, without inflationary pressures, which leads to the conclusion that these dollars are not merely flooding the economy but are being used wisely…
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