Rapid inflation in the US as a result of the foreign dollars coming back home can only happen if the worlds central banks are no longer holding them as reserves.
HR departments & Pointy Haired Bosses don't know how to really advertise for what skills they really need and develop, manage & keep the employees they already have. My experience was mostly in the IT/Computer field
Charles gave an excellent explanation of why the US dollar could still be used as a world reserve even if it isn't used for the trading of oil. As a point of reference, Wikipedia is saying that the US dollar makes up about 50% of the worlds foreign exchange reserves as of Q4 2016. https://en.wikipedia.org/wiki/List_of_countries_by_foreign-exchange_reserves#Currency_Composition_of_Foreign_Exchange_Reserves
And here is some even more updated information from the IMF.
http://data.imf.org/?sk=E6A5F467-C14B-4AA8-9F6D-5A09EC4E62A4
Rapid inflation in the US as a result of the foreign dollars coming back home can only happen if the worlds central banks are no longer holding them as reserves.
Thanks for this interview Dave.
Awan contra will destroy all confidence in the US dollar.
M2 Velocity... Historical lows.
https://fred.stlouisfed.org/series/M2V
HR departments & Pointy Haired Bosses don't know how to really advertise for what skills they really need and develop, manage & keep the employees they already have. My experience was mostly in the IT/Computer field
https://cnhv.co/2bju