Moneyfarm’s Chief Investment Officer Richard Flax spoke to The National last week about the US dollar, its waning strength and current role in the global economy.
In the full article Richard explores:
Current USD weakness, especially in relation to purchasing power parity and other measures.
The US dollar’s $34.1 trillion debt burden.
China, and the growing importance of the yuan.
Why the Euro has failed to supersede the US dollar in terms of financial hegemony.
You can read Richard’s full discussion with The National here.
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