However alarming it is to buy in the face of such shaky economic & political fundamentals, the old saw «You can't fight the Fed «(or eventual US
dollar debasement) is true most of the time.
Not exact matches
The best policy option now is to make sure that the second wave does not result in a
debasement of the U.S.
dollar.
Consider this nugget from his 2006 report, in which he discusses the creative tension between his outlook and that of his partner Steinberg: â $ œOne of us thinks the sky is falling and the
dollar on the edge of
debasement.
And this isn't a new phenomenon, it's been that way for many decades now — so the abject
debasement of the
dollar over those same decades is no surprise.
The
dollar has lost over 97 % of its value over the last century, and why wouldn't that model of consistent economic
debasement continue?