More on a Dollar Short-Squeeze…

A dollar short-squeeze has always seemed more than merely plausible to me, notwithstanding the dollar’s steady decline toward intrinsic worthlessness.  Drowning in dollar-denominated debt, the world is effectively short the U.S. dollar in cosmic size. The last thing debtors need is to have the dollar become scarce when they come under pressure to settle short-term loans that cannot be rolled.  What will happen when that day arrives, and short-term borrowers cannot beg, borrow or steal dollars?  I asked a half-dozen international-finance professors that question a dozen years ago, and they reacted as though I was crazy. A short-squeeze on the dollar!? What on earth was I talking about?  Since then, a few others have joined me in recognizing such an event is not merely possible, but likely. Click here  to access the latest, fascinating article on the topic.