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John Dingle
Bloomberg Television
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Comments by "John Dingle" (@johndingle6293) on "SocGen's Juckes Sees 'Optimism' Behind Dollar's Slide" video.
Fed officials keeps playing this game of talking hawkish, then easing financial conditions. "We're committed to tightening, but data dependent. We want to see higher rates, but don't want to over tighten. We're committed to fighting inflation, but don't want to undo what we've done." Fed losing credibility every time they open their mouths.
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Only reason dollar has risen so much is because euro and other fiat currencies aren't worth anything. They're just printing money. It's not paid for besides by central bankers talking about 0.50 hikes as if it means much. We truly have taken a captive audience and manipulated every aspect how to value things. Everything is distorted.
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