18
Oct

The Fed must change its policy to avoid systemic risk
The appreciation of the dollar and high yields disqualify other assets. Rising rates are proving to be a systemic threat. Default risks increase. Dollar liquidity declines. The Fed must change its policy.
Key points
- Long live the US dollar!
- The appreciation of the dollar disqualifies other assets
- A side note on money creation and debt
- 1.25T of additional costs for the Treasury in 2023?
- Rising rates are systemic threat
- Is the Fed aware of the effects of its policy?
- Increasing systemic risks: the British example
- What will the Fed finally do?
- What are the possible effects on financial markets?