It now has a formal name: “The great debasement trade.” It’s a catchy term for all manner of investor hairpulling about runaway deficits and the dollar’s threatened primacy — and an apparent flight for refuge that means shunning sovereign debt and related currencies, and snapping up precious metals, crypto coins and other shiny stuff instead.
It now has a formal name: “The great debasement trade.” It’s a catchy term for all manner of investor hairpulling about runaway deficits and the dollar’s threatened primacy — and an apparent flight for refuge that means shunning sovereign debt and re… [379 chars]
Source: Bloomberg | Published: 2025-10-15T09:00:15Z
Credit: Bloomberg
