By Daniel R. Amerman, CFA Overview The United States government has five interrelated motivations for destroying the value of the dollar: 1. Creating money out of thin air on a massive basis…
Tag: usd
Further Downgrade in Greece Triggered Credit Concerns, Investors Sheltered under USD
Broad-based rally in USD pared commodity gains made Wednesday. The dollar surged to 1.434, the highest level in 3 months, as S&P downgrades Greece’s credit rating for the second time this year….