Will the Dollar Appreciate on higher U.S. Savings and a Smaller Trade Deficit?

In summer 2013, even the sceptical and “gold-friendly” economist John Mauldin followed the mainstream thinking that fracking and other technology could reduce OPEC’s and the Chinese’s advantage in global trade and reduce the U.S. trade deficit. Recently both claims got refuted: the first with WTI…

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Will the Dollar Appreciate on higher U.S. Savings and a Smaller Trade Deficit?

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