Yeah exactly, but the risk today for USD is all on the down side.
It is just a very strange time we live in right now.
The US politicians want to decouple from China, which is inflationary.
The US central bank prints money and raises interest and give banks extended credit, which is kind of the worst of all worlds, still that would be inflationary.
The inflation should weaken the US economy.
Yet, the US politicians want a strong economy to take on China, but everything they do weakens it.
It is like a circle they are running in which goes nowhere but weakens the financial position of the country and the economy.
Under these circumstances, we should see a currency crisis, but since the USD is the reserve currency, that is the exorbitant privilege. Of course, Mr. Franklin understands, but I writing it up anyways in case someone finds it useful.
We should watch the gold price.
If gold breaks above $2000 and stays there, then everyone is going to assume something about that!
