“[The dollar] is a trusted asset because of the United States’ open markets, rule of law, trusted institutions, and deep, liquid capital markets.”
This is official rhetoric that is longer grounded in reality. We have no trusted government institutions. The rule of law has been jettisoned in favor of imprisonment or prosecution of political opponents. Violent crime and retail theft are unpunished crimes. This places the dollar in danger.
“[The dollar] is a trusted asset because of the United States’ open markets, rule of law, trusted institutions, and deep, liquid capital markets.”
This is official rhetoric that is longer grounded in reality. We have no trusted government institutions. The rule of law has been jettisoned in favor of imprisonment or prosecution of political opponents. Violent crime and retail theft are unpunished crimes. This places the dollar in danger.
Greg, fantastic comment - I firmly belive that good will win, and that we can get back to a rule of law. It will be very difficult in the short term.
Thank you for the feedback! I really hope that better days are ahead.