Famed Investor Jim Rogers Says US Dollar’s Reign Is Coming to an End As Allies and Foes Push for Alternatives
Tech Ang kilalang mamumuhunan na si Jim Rogers ay nagsabi na ang paghahari ng dolyar ng US ay malapit nang magwakas habang ang mga kaalyado at mga kalaban ay nagtutulak ng mga alternatibo 7 minuto ang nakalipas Balita ng Ethereum ng Bitcoin Famed American investor and co-founder of the Quantum Fund, Jim Rogers, says the dollar‘s reign as the world’s reserve currency is coming to an end. In a new interview with Russian state-owned news agency Sputnik, Rogers says Americas politicization of the dollar has both friends and foes focused on alternatives. Rogers cites the historic failures of reserve fiat assets, which typically last for around 100 years, as another signal that the dollars dominance has an expiration date. Although Rogers believes the downfall of the dollar is in motion, he says other currencies are not yet ready to take the mantle. He points to China as the top candidate, but says the countrys financial system remains too walled-off and restricted to overtake USD.