Jim Rogers: Dollar Losing Global Status as US Debt Soars Read Newsmax: Jim Rogers: Dollar Losing Global Status as US Debt Soars | Newsmax.com Important: Find Your Real Retirement Date in Minutes! More Info Here
The American currency will lose the status of main reserve currency much sooner than 2030, Rogers said at the St. Petersburg International Economic Forum (SPIEF), according to RT, a Russian international television network funded by the Russian government.
“Dollar is going to be higher than now because the turmoil is coming,” Rogers said at the Valdai Club’s discussion session, held as part of SPIEF.
“Then, it is going to be overpriced and people will look around and say, ‘America’s got the largest debt in the history of the world. It’s printing money as fast as it can,’” Rogers said.
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