Dollar Has Stage 4 Cancer – Rob Kirby

Posted at 9:02 AM (CST) by & filed under USAWatchdog.com.

By Greg Hunter’s USAWatchdog.com

Macroeconomic analyst Rob Kirby has long predicted Fed money printing would have to go “on a vertical curve where money has to be added to the system . . . to keep the system from crapping out and imploding.”  Kirby said this more than a year ago.  Massive money printing can no longer be hidden, and it has disastrous and dire implications for the dollar. Kirby explains, “They are not hiding it.  It’s too big.  If you have an elephant under your carpet in the living room, you can’t say ignore the bump.  Elephants are hard to hide.  It’s also hard to hide $150 billion in daily turnover in cryptos.  That translates into a $54 trillion annual run rate.  That means trade settlement.  This is admitting there is trade settlement in dollars, and that amount is growing.  The dollar is on this exponential growth curve.  More dollars are being pushed into the world market every year, and fewer of them are being used in trade settlement.  What happens when dollars are not used in trade settlement?  They return home.  The dollars are returning home, and that’s why the price for everything in America is going up.  That’s why the equity markets are higher when fundamentals say the equity markets should be down.  We have a huge swath of the economy in America that is still shuttered from this supposed pandemic.”

More…