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0 sats \ 0 replies \ @justin_shocknet 10h \ on: 3 Factors Dragging Down the U.S. Dollar econ
This globalist slop gets dumber and dumber
GDP growth projections are soft
The dollar is compared to other fiat currencies, there's no competing fiats where the economy it's tied to are any better
Inflation expectations
Again, compared to other fiats, where inflation is worse
Also UMich is routinely mocked since it's always an outlier from reality
Interest rate are down
Other fiats have been cutting even faster...

So why is it actually down?

  1. front-running tariffs, the bulk of them haven't actually kicked in yet, which means importers are bringing in rubber dogshit from Temu to stock warehouses = more dollar exports to the CNY to buy said rubber dogshit
  2. Europe isn't getting a free ride on defense anymore, most of the decline correlates with the run in european defense stocks so a lot of euros (which weigh heavily in the DXY) were re-repatriated from US stocks

What's next?

As re-shoring and tariffs take effect, that's less rubber dogshit coming in from Temu = less dollars exported = higher dollar
The treasury using stables to bypass the SWIFT system will allow global access to dollars without the local countries central bank taking a vig on the exchange = collapse of all foreign currencies
All fiats must collapse into the dollar before the dollar can collapse into Bitcoin... big fish eats little fish gets eaten by bigger fish
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