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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.
7 Fed has lost the power to actually control the domestic economy. It’s lost domestic power to International. It’s become the International reserve currency and central bank because everybody else is lobbying and saying, “Please don’t raise your rates because then we get hurt.”
