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2022-05-03

"It's our currency, but it's your problem,"

1971 message from John Connally, Richard Nixon's treasury secretary, to U.S. trading partners dismayed by the dollar’s then weakness. 

What was true then remains true today, albeit in the opposite direction with the greenback having risen 6% in April and 13% in the past year to its strongest level for two decades against a basket of major currencies.

Marcus Ashworth Bloomberg 3 maj 2022 

https://www.bloomberg.com/opinion/articles/2022-05-03/u-s-dollar-s-hideous-strength-threatens-global-growth


Connally hade varit marinminister och därvid avslagit Lee Harvey Oswald överklagande av sitt vanhedrande avsked ur Marinkåren. 

Det var kanske Connally som Oswald siktade på och inte JFK?

https://englundmacro.blogspot.com/2020/04/siktade-lee-harvey-oswald-inte-pa-jfk.html

 

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