Gordon T. Long says that the world’s central banks are on a mission to drive the US Dollar down lower. The world’s economy is in precarious condition and it cannot afford an escalating dollar. They’ve been brow beating the dollar to keep it down and are hoping that it will stay there. Yellen is trapped and there’s nary a rate increase on the horizon. It’s a global problem, global trade is in collapse. What’s a poor central banker to do?
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