The US dollar world reserve currency dilemma

In 1961, the Belgian economist Robert Triffin described the dilemma faced by the country at the center of the international monetary system. In order to supply the world’s risk-free asset, the center country must run a current account deficit and in doing so become ever more indebted to foreigners, until the risk-free asset that itContinue reading The US dollar world reserve currency dilemma

Economist – Elliott Wave Technician’s comments on currencies

See Elliott Wave Technician’s comment in the Economist regarding the USD and currencies. With the dollar, the Japanese Yen and the Euro all at a critical juncture, it is very relevant. To read it click on the link here. Elliott Wave Technician, Geir Solem, Editor