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The Great Debasement Trade Is Mostly Just Hype

Admin October 15, 2025
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It now has a formal name: “The great debasement trade.” It’s a catchy term for all manner of investor hairpulling about runaway deficits and the dollar’s threatened primacy — and an apparent flight for refuge that means shunning sovereign debt and related currencies, and snapping up precious metals, crypto coins and other shiny stuff instead.

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