The $USD is quickly and quietly being replaced as the world reserve currency. China is one of the first countries to implement a nationwide digital currency. This power to bypass the exclusive SWIFT club in FX trade could topple the $USD from the thrown as the most liquid asset available. The key to a currency's success is its measure of liquidity. The markets will soon be volatile and saturated with fear, considering the upcoming election. Silver
, stocks, commodities
and the entire digital asset space will be a safe haven. No we will not see the stock market crash until it is a bubble. Look at the S&P
, does that look like a parabolic bubble to you? Federal Debt, USD, Cash will be the biggest liability. Inflation
cannot be measured by the DXY
because the pegged basket of currencies is also inflating at an alarming rate. Inflation
is measured by minimum wage, the stock prices, gold
, and Bitcoin
. These products are not increasing in price, the value of the dollar that they are denominated in is decreasing!
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