"Take The Tragedy In Sri Lanka And Multiply By Ten": The Fed Just Lobbed A Financial Nuke That Will Obliterate The Global Economy

A dollar screaming higher with agricultural commodities – priced globally in dollars - is a colossal tax on emerging market countries – clueless academics at the Fed are exporting inflation into countries that can least afford it. Emerging – and frontier market countries owe the IMF over $100B – U.S. central banking policy – strong USD, is vaporizing this capital.