What everyone who keeps their money in dollars needs to know

12.10.2024 21:54

Those who keep money in dollars should convert their savings into other assets.

This advice was given to dollar owners by Doctor of Economics Valentin Katasonov.

His statement is quoted by DEITA.RU news agency.

What dollar owners need to know

As the economist explained, the US has come close to a situation where its national currency could begin to depreciate at a tremendous speed.

According to Katasonov, the colossal excess money supply released into circulation by the American authorities is to blame for everything.

dollar
Photo: © Belnovosti

Economist warns that a complete collapse of the US currency is inevitable.

He recommended that everyone who holds this currency convert it into other assets before it is too late, writes DEITA.RU .

Author: Timur Khomichev Internet resource editor