The decline and fall of the U.S. dollar

The Heritage Foundation/EJ Antoni/7-13-2023

graphic illustration of US capital spewing dollars

“The U.S. dollar’s reserve currency status is one of America’s greatest strengths, but President Joe Biden seems hellbent on toppling the dollar from its throne through both his domestic and foreign policy agenda. Americans need to pay attention because we’ve seen this movie before, and it doesn’t end well.”

USAGOLD note: The Biden Administration is only one of the players undermining the dollar. Congress is equally culpable as is the Federal Reserve which is quick to turn to money printing at the first signs of a crisis.

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