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.
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 .
