{"id":6520,"date":"2015-03-15T08:22:27","date_gmt":"2015-03-15T13:22:27","guid":{"rendered":"http:\/\/olduvai.ca\/?p=6520"},"modified":"2015-03-15T08:22:27","modified_gmt":"2015-03-15T13:22:27","slug":"why-the-dollar-is-rising-as-the-global-monetary-bubble-craters","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=6520","title":{"rendered":"Why The Dollar Is Rising As The Global Monetary Bubble Craters"},"content":{"rendered":"<h3 class=\"entry-title\"><a href=\"http:\/\/davidstockmanscontracorner.com\/why-the-dollar-is-rising-as-the-global-monetary-bubble-craters\/\" target=\"_blank\">Why The Dollar Is Rising As The Global Monetary Bubble Craters<\/a><\/h3>\n<p>Contra Corner is not about investment advice, but its unstinting critique of the current malignant monetary regime does not merely imply\u00a0that the Wall Street casino is a dangerous place for your money. No, it screams get out of harms\u2019 way. Now!<\/p>\n<p>Yet I am constantly braced with questions about the US dollar and its impending demise. The reasoning seems to be that if America is a debt addicted dystopia\u2014-and it surely is\u2014-\u00a0won\u2019t the US dollar sooner or later go down in flames as the day of reckoning materializes? Won\u2019t you make money shorting the doomed dollar?<\/p>\n<p>Heavens no!\u00a0 At least not any time soon. The reason is simply that the other three big economies of the world\u2014Japan, China and Europe\u2014are in even more disastrous condition. Worse still, their governments and central banks are actually more clueless than Washington, and are conducting policies that are flat out lunatic\u2014\u2013meaning that their faltering economies will be facing even more destructive punishment from policy makers in the days ahead.<\/p>\n<p>Indeed, Draghi, Kuroda and the commissars of red capitalism in Beijing make Janet Yellen and Stanley Fischer (Fed Vice-Chairman)\u00a0appear to be slightly sober. So as trite as it sounds, the US dollar is the cleanest dirty shirt in the laundry. And on a relative basis, its is going to look even cleaner as two decades of monetary madness around the world finally hit the shoals.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Why The Dollar Is Rising As The Global Monetary Bubble Craters Contra Corner is not about investment advice, but its unstinting critique of the current malignant monetary regime does not merely imply\u00a0that the Wall Street casino is a dangerous place for your money. No, it screams get out of harms\u2019 way. Now! Yet I am [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[130,951,1098,218,280,281,452,1225,839,860,4069,1478,1031],"class_list":["post-6520","post","type-post","status-publish","format-standard","hentry","category-economics","tag-china","tag-currency","tag-currency-wars","tag-draghi","tag-euro","tag-europe","tag-japan","tag-kuroda","tag-us-dollar","tag-wall-street","tag-yellen","tag-yen","tag-yuan"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/6520","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6520"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/6520\/revisions"}],"predecessor-version":[{"id":6521,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/6520\/revisions\/6521"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}