Dollar up strongly despite all

    Market comments

    Posted by jtsurfah on 23rd of Mar 2021 at 02:08 pm

    Dollar up strongly despite all indications that Yellen & Powell are willing to continue to dilute it's value / increase the supply are a record setting clip. The said, I've lost faith in trying to use the DXY or UUP to track devaluation since they are more comparisons of one fiat currency against other fiat currencies - almost all of which are engaging in the same practices.  It's interesting to see Yellen in a role where it's appropriate that she is partisan. Can look back now and realize that some people's fears about her policies back in her Fed days were not completely unfounded. 

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