Remember in 1978 the USA Fed were offering bonds linked to the Swiss Franc and not USD.
That was after a few years of fighting inflation via the normal way of just raising interest rates.
Funny thing is that fighting inflation eventually affects the USD.
Think Mexico 1994 / Thailand 1997 / Russia 1998 / Argentina 1999.
At the moment it would be wise to go long the USD. But in the foreseeable future, it may be time to short the USD and T Bills.
Do yourselves a favour , look at the economic USA history of the seventies.
If you can't see a correlation, just ask this forum.
Well done fellow posters, keep on giving objective evidence to back your arguments.
Caveat Emptor.
XJO - Bear Posts only (Factors which might cause the markets to fall), page-4322
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