Interesting. Though I’m not sure that Treasury notes, or the USD generally, are best suited to being a safe haven. This leads to unfair advantage for the US, and the paradoxical current flight to Treasury notes. I think either a significant redesign of The Fed is needed, or else a move to an artificial, or basket, global foreign reserve currency.
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Interesting. Though I’m not sure that Treasury notes, or the USD generally, are best suited to being a safe haven. This leads to unfair advantage for the US, and the paradoxical current flight to Treasury notes. I think either a significant redesign of The Fed is needed, or else a move to an artificial, or basket, global foreign reserve currency.