The US dollar will become an inconsequential local currency with little value.
Andrew Moran –
"Will De-Dollarization Collapse Greenback?"
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(Image source)
Flash Points
1 – The world is increasingly shifting away from the US dollar.2 – The trend towards de-dollarization is growing.
3 – This trend is clear among not only US “adversaries,” but also among its partners and allies.
– Synopsis –
In a recent article on LibertyNation.com, Andrew Moran detailed how the US dollar is losing its dominance. Its 7-decade-long status as the world’s reserve currency is coming to an end – slowly but surely.
Certain so-called adversarial countries are already abandoning the dollar – either under duress or willingly. Consequently, any country that wants to do business with those "least-favored" countries also has good reason to abandon it. (Image source)
– Insight from Outside –
De-dollarization is still in its early stages, but the trend is clearly gaining steam.For decades, the US dollar has been a traditional safe-haven asset. In recent years, however, more and more central banks, investors, and even ordinary people are turning away from the dollar. Instead, they're turning to gold, silver, and even cryptocurrencies as their preferred safe havens.
Disappearing Faster