Investment manager Larry Lepard has warned that the U.S. dollar could lose most of its value within five to 10 years.
Highlights
- Larry Lepard has warned that the U.S.
- dollar could lose most of its value within five to 10 years.
- Lepard said that following the onset of the Russia-Ukraine war, “the US seized $600 billion of Russian currency reserves, and that sent the message to every other country in the world that ‘Hey if the US doesn’t like what you’re doing, they can grab your money,’ he said.
- The investment manager said that the average investor in the United States has been told: ‘Buy stocks, buy bonds, don‘t worry about the currency’ Lepard also recommends gold and bitcoin, seeing them both as ‘sound money”
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