I read this thing and understood maybe 25% of it, and I still don’t know what to expect a year out, which is the horizon where stuff like state of the dollar I think can impact me https://lynalden.com/global-dollar-short-squeeze/…
Basically, because so much of the demand for dollars is reserve-currency demand, it behaves weirdly where ordinary currencies would go straight into inflation or deflation in textbook ways.
Dunno how to think clearly about it. I have near-zero direct currency risk in my income.
Market is pretty unanimous on this. Inflation is possible but would be very unlikely to happen quickly. Losing reserve status could take a decade in a bad scenario