Let's assume rate is hiked
Companies are insolvency
The USD will drop like a stone due to the printed monies flooding the market like the scenario in 2008 GFC where Mr Bush handed out big cash to companies.
The printed USD are still sitting in treasury reserves worthed 4.5 trillions from the QE. Plus 8000+ tones of Gold.
At least US has that dirt cheap monies to overcome another crisis.
What is about Australia. The RBA has nothing to face the next crisis IF the RBA doesn't ACCUMMULATE more GOLD from now on.
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Gold – the final bubble, page-4291
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