The upside-down nature of the global economy may reach new extremes if and when expected Federal Reserve rate cuts fail to weaken the US dollar. Granted, the reasons why the international reserve currency should be plunging are as numerous as they are obvious. They include: the US national debt topping US$35 trillion; slowing economic growth; […]
Why ‘King Dollar’ could scoff at Fed rate cuts
Conventional monetary theory may be dethroned if US central bank lowers interest rates and the strong dollar fails to fall
