dollar backwardation. spot vs futures. why inversions matter

dollar spot dxy is currently above dx1! and dx2!. this will likely drag up those futures months and exacerbate the global supply demand issue for dollars. this in part is due to the yield curve inversion this in a technical sense would be a liquidity trap. certain counties like china need dollars in order to contain inflation. my call is the dollar will overpower the world and a global reset like the plaza accord will need to happen. if the president realized the power of the strong dollar. he'd see during siege warfare... sometimes to win the war. you have to poison the wells