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1 The dollar going up is what breaks the back of the world monetary system, so a lot of these people who keep calling for the dollar to crash for gold to go up or something, I just laugh at them because the world monetary system is going to do great if the dollar goes down.
6 “Please don’t do this.” The IMF was lobbying, ECB said, “If you raise rates, all our banks, it’s going to be difficult.” Yellen kept coming out and saying, “Listen, we have to normalize interest rates” because you have all the pension funds that need effectively 8% going bust
