Legendary investor Jim Rogers: The worst moment has yet to come, and the absence of a dollar alternative will be a big problem

ChainCatcher news, legendary investor Jim Rogers stated in a podcast that the worst moment for the U.S. economy has yet to come. "Inflation is going to get worse. The debt problem will become more serious, and the U.S. will suffer losses." Due to the long-term excessive issuance of currency in the U.S., ultimately "we will pay the price."

And once there are problems with the U.S. and the dollar, the lack of a potential dollar alternative will be a major issue. The world will therefore fall into a severe financial crisis for a period of time. (Source link)