James Rickards Sees ‘Currency Wars’ Destroying Dollar!
QE is destabilizing the world’s financial and monetary system. It is undoubtedly currency warfare. QE means currency debasement. Countries which peg their currencies to the USD are doing competitive devaluations to maintain their export competitiveness and thus economic growth. But taken to its logical end, all fiat currencies will be debased, hyperinflation will kick in … The …
