đ¨ THE DOLLAR IS DONE WHAT YOUâRE WATCHING IS A CONTROLLED COLLAPSE
Yes, that headline makes people uncomfortable.
Good. It should.
This isnât a conspiracy theory or Twitter doom porn.
Itâs deliberate macro policy unfolding in real time.
For the first time in 15 years, Washington and Tokyo are fully aligned on one thing:
the U.S. dollar needs to go down.
On Friday, the NY Fed called primary dealers asking for USD/JPY quotes.
Thatâs not âmonitoring.â
Thatâs a rate check â the final step before FX intervention.
The last time the U.S. and Japan intervened together was 2011, after Fukushima.
They donât do this unless the system is already under stress.
Why now?
Japan needs a stronger yen to stop inflation from spiraling.
Trump needs lower long-end yields to roll U.S. debt without blowing up the Treasury.
Different problems.
Same solution.
Sacrifice the dollar.
Letâs talk numbers the crowd keeps ignoring:
â DXY below 96 â 4-year lows
â 40-year JGB at 4.24% â highest since 2007
â U.S. shutdown deadline: Jan 30
â Powellâs replacement possibly announced THIS WEEK
This is the math no one wants to accept:
â Falling DXY = the return of âSell Americaâ
â Every dollar-priced asset must be repriced
â Gold and silver at ATHs are signals, not coincidences
Now the uncomfortable part.
Short term: this is NOT bullish.
A fast-strengthening yen forces a violent carry trade unwind.
Liquidity disappears.
Risk assets get sold first.
Medium term: yes, itâs bullish â but only after damage is done.
A weak dollar is the core thesis behind Bitcoin.
You donât get upside without chaos first.
What actually matters now:
â FOMC
â Fed Chair succession
â DXY
The belief in the dollar as the global reserve currency
isnât eroding slowly.
Itâs cracking in front of you.
Ignore it if you want.
The market wonât.
