The Mechanics of the Fed’s RMP Program Why RMP is not QE

The fed cannot actually solve problems thru economic balance sheet tricks. They want to use #ExorbitantPrivilege so the USG can just print-money our way out of $39T debt

This is street hustler tricks dressed in $3000 suits

www.krugermacro.com/p/the-fed-is...

Exorbitant Privilege Gained and Lost: Fiscal Implications | Journal of Political Economy: Vol 133, No 12 We study three centuries of fiscal history. Dominant safe asset suppliers issue more debt than future primary surpluses can justify, even after accounting for seigniorage revenue from convenience yiel...

When the dollar implodes because or the deficit spending, war mongering, and criminal grift, the mad king will have killed America’s economic future , not just the freedoms of the Republic

#ExorbitantPrivilege

www.journals.uchicago.edu/doi/abs/10.1...

Exorbitant Privilege: Why the Dollar Still Reigns Despite Headwinds The US dollar faces political and policy headwinds, but no true rival threatens its dominance. At least, not yet.

1/2 The debate over the US dollar’s supremacy is heating up again, amid surging debt, policy headwinds, and escalating trade frictions.

#DollarReigns #Dedollarization #ExorbitantPrivilege

The End of America’s Exorbitant Privilege Desmond Lachman highlights the myriad ways Donald Trump is undermining markets’ faith in the US economy and the dollar.

“The days of the world letting #America live beyond its means are rapidly coming to an end.” #USdollar #exorbitantprivilege www.project-syndicate.org/commentary/t...

The cost of having the world's reserve currency In this article, we'll look at the costs of being the world's reserve currency and whether there could be an alternative to the almighty U.S. dollar.

The cost of having the world’s reserve currency
#ExorbitantPrivilege #TriffinsDilemma

This whole thing is happening because Trump is being haunted by the ghost of Charles de Gaulle, who can finally rest only when American #ExorbitantPrivilege lies in ruins.

Trump threatens Brics nations

Lots to unpack in a single threat.

#EconSky #currencywar #exorbitantprivilege