It's about supply and demand for the dollar. With debt being primary driver of demand and with most debt being denominated in 10-30 year horizons, it would take decades for it to decline. It's unfortunate that most people don't think in longer horizons- most are focused on the here and now and for them denial will always be accurate
It's about supply and demand for the dollar. With debt being primary driver of demand and with most debt being denominated in 10-30 year horizons, it would take decades for it to decline. It's unfortunate that most people don't think in longer horizons- most are focused on the here and now and for them denial will always be accurate