Currency Crisis Coming: Peter Schiff predicts the dollar's demise if Kamala Harris wins the presidential election and four years of loose fiscal policy make the debt balloon.
This Would Seal Dollar’s Demise, Send Gold to $10k in 4 Yrs according to Peter Schiff.
Michelle Makori of Kitco News interviews Peter Schiff:
Peter Schiff correctly predicted the 2008 stock market crash and has repeatedly been calling for the weakening of the dollar, especially after 'weaponzing' the currency after multiple US unfriendly countries have been excluded from the world-wide swift payment system and their USD denominated assets have been frozen. Russia and Iran are key examples.
He has a point ...The USD losing its status as a reserve currency would cause most US debt to be monetized by the FED. Comparisons with Argentina are easily made ...
Michelle Makori argues that the weakening trajectory of the dollar does not depend on who wins the next presidential elections.
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