Ray Dalio Says 70% of the World’s Transactions & Savings are in US Dollars, which means that the US is essentially the world’s central bank. The FED is attempting to fill the holes from the debt defaults by buying bonds to prop up prices and stabilize a bottom.
Source: Bloomberg Markets and Finance – https://www.youtube.com/watch?v=WA1Ji-Hj1qo&t=570s
United States Wealth Management Organization®
Website: https://USWMO.com
SUBSCRIBE: http://bit.ly/subUSWMO
*Link to our Private Stock Group: http://bit.ly/TRADERALERTS
*Follow us on Twitter: https://twitter.com/TheUSWMO
#USWMO#RayDalio#CentralBank
Disclosure: We currently do not function as a RIA nor give advice on whether to buy, sell or hold a stock, bond, mutual fund or ETF under any circumstance.
source