Cykros on Nostr: The dollar has an interesting role to play as reserve currency, as Brent Johnson ...
The dollar has an interesting role to play as reserve currency, as Brent Johnson extensively talks about within the framework of his dollar milkshake theory.
It'll be interesting to look at the price movements in the triangle of dollar, bitcoin, and perhaps an aggregate of all other fiat.
The more risk tolerant out there with access to cheap credit may well make a pretty haul on some carry trades especially as interest rates cut faster in debtor nations as economies falter. Even as the Yen carry collapses it'd be weird if others don't take its place at this point.
Could easily get wiped out by rogue waves throughout the global monetary system though too, which by nature is always mostly shrouded in darkness.
It'll be interesting to look at the price movements in the triangle of dollar, bitcoin, and perhaps an aggregate of all other fiat.
The more risk tolerant out there with access to cheap credit may well make a pretty haul on some carry trades especially as interest rates cut faster in debtor nations as economies falter. Even as the Yen carry collapses it'd be weird if others don't take its place at this point.
Could easily get wiped out by rogue waves throughout the global monetary system though too, which by nature is always mostly shrouded in darkness.