Breakwave Dry Bulk Shipping ETF (BDRY)

[JLmyhero]

Godzilla vs. Rodan, who would win?

In financial market terms... the USD Death Star vs. The Fed?

Depends on if the Fed was constrained to buying only UST (and mortgages in 2008+), as it has been it's entire 106 year history and congress at least pays lip-service to the idea of a balanced budget. Today however, the Fed is buying up 'investment' corporates, and 'investment' munis and god knows what else tomorrow.

The Fed is now unchained, able to engage in MMT and buy whatever it has a whimsical feeling about purchasing. Will tomorrow bring the Fed to the market buying, junk, real estate (lot of cheap vacant malls out there), stocks, gold, commodities, currency, negative yielding Japanese gov't bonds, cruise ships... the list is endless.

So to answer the question, given unlimited deficit spending (balanced budgets have forever gone the way of the Dodo bird) and an unchained Fed, the USD doesn't stand a chance.

So long Death Star, hello gold.