The dollar index is at 20-year highs. This has led to talk of the dollar getting “too strong,” even as some worry that a “post-dollar” world could be on the horizon.
What explains this dichotomy?
In a nutshell, it’s not so much that the dollar is “strong.” It’s just the cleanest dirty shirt in the laundry basket.
Peter Schiff and Santiago Capital CEO Brent Johnson got together on the Rebel Capitalist podcast to debate the trajectory of the dollar in 2022. Johnson is bullish on the dollar. Peter thinks the greenback is going to tank.