Are ongoing stimulus and extra jobless benefits economically dangerous?
If you look at the US Dollar Index, the dollar is losing value against a basket of other international currencies at a fairly rapid pace.
US Dollar Index tracks the price of the dollar against a basket of international currencies: https://www.marketwatch.com/investing/index/dxy
Just wondering if anyone on HN has any takes on this topic.
It may be more related to the death count, and subsequent trust in the administration. It's complicated, and a mix of opinions, betting and hedging. You are certainly part right but I don't think it's a majority.
That would surely have more to do with the USA's general inability to deal with Covid?