Stagflation and the Fiat Currency End Game

          Over the past couple of weeks, we have been discussing the possible consequences of the recent debt ceiling suspension deal.  This week, I want to offer you a perspective put forth by Matthew Piepenburg.  While I’ll be sharing some of the piece with you, I would encourage you to read the entire commentary – it…

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How the Dollar Could Lose Reserve Status Quickly

          Last week, I commented on the deal to increase the debt ceiling, offering my take that the Federal Reserve will be forced to fund the majority of future deficit spending, culminating at some point with an ugly economic reset.  Part of what I believe is eventually coming is the displacement of the US Dollar as…

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Crazy US Treasuries and A US Dollar Forecast

Last week, here in “Portfolio Watch,” I discussed some of the movement away from the US Dollar globally.           This week, something else very interesting occurred.  There is now a HUGE disparity between the yield on a 1-month US Treasury bill and a 2-month US Treasury bill.  This from Wolf Richter (Source: https://wolfstreet.com/2023/04/20/short-end-of-the-treasury-market-goes-totally-nuts-doubts-creep-in-over-debt-ceiling/): Today was…

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