$USD; floridagold; looks like a bull flag in the daily.
With a po near to the upper white line, near 75.25.
What would be the most important result of a dollar rally? That is, which policy objectives of which key players would be achieved?
Would it end the rise in the price of oil, [ or stabilize it?] and would this save the airline industry? Or just buy time [stability if this current mess can be so described] before the upcoming US elections?
If the USD gets below 70, to 65 or 62, can we imagine the price of oil, and airline fuel, and gasoline? and foods like rice?
If a falling USD means that the US is exporting inflation, and that inflation has now entered the soft commodities - foods line corn and rice - what does this mean for the poor who subsist on these?
What if Noland is correct, and the worldwide credit bubbles have only months before they burst? Is this why Leap2020 has posited such a worrisome forecast for later this year? Are these two seeing a similar outcome from their analysis?
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