In the past, the dollar rose because of the rising risk aversion, which made traders worried about the demand for commodities and led to the decline of commodity prices.
But now the situation has changed. People have lost their fundamental trust in money because of the uncontrolled and irresponsible indiscriminate issuance of money by countries all over the world.
At the same time, people are worried about the debt crisis caused by the flood of currencies in various countries, which makes people have strong uncertainty and doubt about the future economic recovery.
Distrust of currency and worries about future economic risks coexist, leading to the simultaneous rise of the dollar as a safe haven and a commodity to prevent inflation.
This is the worst economic situation-stagflation. Now is the beginning of stagflation. With the deterioration of the situation, when the US dollar index rises to 90, real estate will collapse and prices will continue to rise. This is the result of future economic stagflation. This economic nightmare will be long-term and will be an irrecoverable economic collapse in the short term.
It can be predicted that we will suffer greater losses than when Japan's bubble burst. Because our cheap labor and market saved Japan. However, when our bubble bursts, there will be no bigger low-priced market to save our crisis.
This is our biggest problem now. We have no choice but to let ourselves collapse now, or continue to blow bubbles until a more powerful bubble collapses in the future.