Tuesday, January 30, 2024

"USD WILL NOW DEFLATE AGAINST THE IQD" BY MIKECRISTO8, 30 JAN

 MikeCristo8

@MikeCristo8

I told you the Iraqi Dinar RV is going live.

The U.S. Dollar will now massively deflate against the Iraqi Dinar.

Offshore short-term deposits and foreign exchange positions in dollars, the total of $127.7 trillion is 175 times the foreign currencies held by US residents, available to absorb foreign dollar liquidation.

This imbalance between foreign ownership of dollars and the availability of foreign currencies in US hands to absorb foreign dollar liquidation is simply staggering in its potential impact on the dollar.

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