Death of the US Dollar ??? The US Dollar will eventually die, as all fiat currencies do. But the fact remains that it is the reserve currency of the world. And everyone on the planet has been borrowing in US Dollars for decades, or leveraging up using Dollars. When you borrow in US Dollars you…
Day: April 28, 2015
Death of the US Dollar ???
Death of the US Dollar ??? The US Dollar will eventually die, as all fiat currencies do. But the fact remains that it is the reserve currency of the world. And everyone on the planet has been borrowing in US Dollars for decades, or leveraging up using Dollars. When you borrow in US Dollars you…
The Changing World of Work: The Eroding Value of Credentials
The Changing World of Work: The Eroding Value of Credentials An entire new feedback loop of accreditation is needed, and fortunately that feedback is within our control: it’s a process I call accredit yourself. Clearly, an entire new feedback loop of accreditation is needed, and fortunately that feedback is within our control: it’s a process I…
Connecting Gold, Lumber and VIX
Connecting Gold, Lumber and VIX Lumber’s sensitivity to housing, a key source of domestic economic growth in the U.S., makes it a unique commodity as it pertains to macro fundamentals and risk-seeking behavior. On the opposite end of the spectrum is Gold, which is distinctive in that it historically exhibits safe-haven properties during periods of…