The Dollar's Future
Luke Gromen discusses the potential collapse of currencies and nations unless the Fed intervenes by buying their debt, weakening the dollar. He predicts that the dollar will fall against the ruble due to its gas backing, and also against oil. However, when the Fed is forced to come back to the markets, the dollar is expected to lose against virtually everything. The binary outlook revolves around the Fed's Treasury purchases and their impact on the dollar's value.In this clip
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