The dollar has been "defying" macro-economics lately.
Perhaps it's time to ask if CHINA controls the dollar so much...that the Chinese "own" the US currency!
After all, if it were simply up to the MERE FED to "defend" the dollar...MACROECONOMICS would have kicked in years ago! !
CHINA CONTROLS THE US DOLLAR TO SUCH AN EXTENT NOW THAT THE DOLLAR SINKS OR SWIMS BASED ON THE POLICIES OF THE BANK OF CHINA, NOT THE US FEDERAL RESERVE! ...AND SOMEHOW, I FIND THAT A LITTLE BIT DISTRUBING...
DON'T YA THINK?
