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Has the Fed Engineered a Protracted Blow Off Top?
#dow #stockmarket #gold #dollar #CRB #DXY #hyperinflation #bonds #commodities #credit #money #markets
Today we will look at some very long-term charts to see whether the U.S. central bank or the Fed has engineered a blow-off top or crack-up boom in all financial assets.
Our view of the situation is that the Fed's monetary policy could eventually result in the dollar's purchasing power continuing to diminish and especially versus real assets or commodities.
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