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2025-04-07 17:53:55

Emeritus Prof Christopher May on Nostr: nprofile1q…fqpxq raises an interesting issue in his latest Chartbook blog: In ...

raises an interesting issue in his latest Chartbook blog:

In previous financial crises when market participants wanted liquidity to deal with a crash, they wanted it in dollars... but if there a finincial crisis coming & people/firms don't trust the value of the dollar anymore, what currency (or currencies) might they seek to establish liquidity in?

In other words in a financial crisis caused by the US Govt. might the dollar no longer seem like a good bet?

#FinancialCrisis
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