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.
And more.
You can read Richard’s full discussion with The National here.
*As with all investing, financial instruments involve inherent risks, including loss of capital, market fluctuations and liquidity risk. Past performance is no guarantee of future results. It is important to consider your risk tolerance and investment objectives before proceeding.
