Re: USD Wrecking Ball World Tour & The CNY Facade.

Lots of hyperventilation lately over the “weaponization of USD”/imminent doom of USD hegemony as a result. While the de-dollarization narrative is seductive, the USD remains the “cleanest dirty shirt"

Mar 14, 2022

∙ Paid

I’ve written about the determinants of RELATIVE value for currencies. While Debt/GDP is one factor, a myriad of other factors go into the determinants of “safety and soundness.” This thread talks about geographical/geopolitical determinants of value:

Kaoboy Musings

Re: Oil/Inflation-“Are we headed for Weimar, or is it just Hyperinflation Hyperventilation?”

My Thesis: It will create inflation for sure, but this in and of itself will force a self- correcting negative feedback loop that may prick asset bubbles but will prevent a much worse positive feedback loop that eventually breaks the system. When you analyze a company’s creditworthiness, you have to focus not just on its cashflow/income statements, but a…

4 years ago · Michael Kao

Moving to the USD specifically, this thread links the developing STRUCTURAL supply deficit in oil (now gr…

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