Yale Professor Warns of US Dollar Crashing

With Covid running rampant across the United States uncertainty lies in many industries: education, entertainment, and financial being the largest industries. Yale professor Stephen Roach recently went on Bloomberg Business to express sincere concern of the U.S. Dollar falling drastically in the future. While some may think Stephen Roach is merely speaking from opinion, the professor provides factual numbers of the current state of the American dollar versus the amount of inflation and interest rates provided by the U.S. Treasury to support his theory. Moreover, combine the increasing number of blockchain and DeFi (decentralized financial) cryptocurrencies it should make one consider that the world is changing at a drastic speed. Check out the latest interview of Stephen Roach and let us know if you agree or disagree below!