When the levee breaks

When the levee breaks

Well before [the dollar crashes](https://www.bloomberg.com/opinion/articles/2020-06-14/dollar-crash-how-will-it-unfold) there will be signposts of indication, semaphore go-signs and warnings. (Name that tune.)

*…although cryptocurrencies and gold should benefit from dollar weakness, these markets are too small to absorb major adjustments in world foreign-exchange markets*

Double-whammy advantage Bitcoin: while gold market is niche, BTC demand is limitless. By the time USD crashes, BTC cap will have surpassed gold.

*…I care most about currency-related shifts in international competitiveness. The* [*real effective exchange rate*](https://www.bis.org/statistics/eer.htm)*, or  REER as calculated monthly by the Bank for International Settlements, is particularly well suited for this task.*

Is there similar analysis that includes BTC?

View Reddit by genacgenacgenacView Source

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