Business & Economy

US Dollar Domination Nearing the End, American Investor Tells Sputnik

© Photo : taken from social media Screaming dollar
Screaming dollar - Sputnik India, 1920, 18.05.2023
An American investor pointed out to Sputnik that the countries are now moving away from the US dollar partly because the United States is the largest debtor nation in the history of the world.
The time of the US dollar as the world's top currency is coming to an end due to Washington's lack of neutrality and concerns over the United States' creditworthiness.

"Many friends of America are moving, trying to find something to compete with and ultimately replace the US dollar," renowned American investor Jim Rogers told Sputnik.

"It will happen. It has always happened. And America's time is coming to an end. The American dollar this time is coming to an end."
"No currency has been on top more than 150 years. Nobody has always been on top, so it's always happened," Rogers said. "People have moved away from whatever currency it is."
An Indian rickshaw driver rides past a foreign currency exchange shop in New Delhi, India,Thursday, Aug. 22, 2013. - Sputnik India, 1920, 16.05.2023
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