Risk of carry; despite the ever growing DEBT levels, shall be in control as long the proponents of the future growth are set in place. Drivers of growth can be classified as ones that aim at adding convenience to any or all of the echnleons of the society. Thus I feel, Fiat Currencies especially the US dollar has long been able to move away from the backing of the GOLD to being backed by future proponents of growth and in current landscape they are
1.) Applications of AI
2.) Applications of Digitisation- providing financial inclusion further boosting the real GDP
Risk of carry; despite the ever growing DEBT levels, shall be in control as long the proponents of the future growth are set in place. Drivers of growth can be classified as ones that aim at adding convenience to any or all of the echnleons of the society. Thus I feel, Fiat Currencies especially the US dollar has long been able to move away from the backing of the GOLD to being backed by future proponents of growth and in current landscape they are
1.) Applications of AI
2.) Applications of Digitisation- providing financial inclusion further boosting the real GDP