The FED is not going to 'act'. They are draining M2 from the system deliberately which is why the dollar has maintained its 15 year bull run, despite the USD doomsayers suggesting its done.
Anyone listening to Alasdair Macleod types have been on the wrong side for years. Here's one from 3 years ago and he'd been pushing the same narrative for years!!! Who can hold out for 'one day' it will fall??
https://youtu.be/-AqybjlUlQc?t=991
Its the best dressed in the shop. China aren't going to create a BRICS currency and subject themselves to the whims of those dysfunctional countries, including India which is its nemesis. Its a fairy tale.
The FED is not going to 'act'. They are draining M2 from the...
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