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Alasdair Macleod: Why a dollar collapse is inevitable
10:30a HKT Friday, April 5, 2018
Dear Friend of GATA and Gold:
The export of so many U.S. dollars around the world makes another collapse of the currency inevitable, GoldMoney research director Alasdair Macleod argues in his new commentary.
Macleod concludes: "When the overvaluation of the dollar is corrected, the downside of a dollar collapse is far greater than it was in the early 1930s or the early 1970s. All other fiat currencies take their value from the dollar, not gold. So the destabilizing forces on the dollar, the other unexpected side of Triffin's dilemma, could take down the whole fiat complex as well."
Macleod's commentary is headlined "Why a Dollar Collapse Is Inevitable" and it's posted at GoldMoney here:
https://www.goldmoney.com/research/goldmoney-insights/why-a-dollar-colla...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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