The “Doomsday Dollar” scenario - both the greenback and stock prices could potentially fall at once.
I put forward an idea last year called the “Doomsday Dollar” scenario, which laid out how both the greenback and stock prices could potentially fall at once.
Foreign buyers of Treasury bills are getting worried that helicopter money is turning slowly but surely into MMT, meaning the central bank funding of the Treasury, and that from there it will be a slippery slope over time to the post-dollar world.
Rana Foroohar FT 20 April 2020
In fact, the decade between the 2008 financial crisis and this one saw the creation of a vast asset price bubble in just about everything.
That bubble is now bursting
Rana Foroohar FT 19 April 2020
Foreign buyers of Treasury bills are getting worried that helicopter money is turning slowly but surely into MMT, meaning the central bank funding of the Treasury, and that from there it will be a slippery slope over time to the post-dollar world.
Rana Foroohar FT 20 April 2020
In fact, the decade between the 2008 financial crisis and this one saw the creation of a vast asset price bubble in just about everything.
That bubble is now bursting
Rana Foroohar FT 19 April 2020
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