‘Severe Devaluation’ of Dollar Only Way Out for US Government Debt As Argentina-Style Inflation Approaches: Luke Gromen
Description
Macro strategist Luke Gromen is warning that the skyrocketing US national debt may cause the dollar to plummet in value. In a new YouTube update, Gromen says that the US will likely address its growing $36 trillion national debt by printing more money, which debases the dollar, rather than allowing Treasury yields to soar to try and attract investors. “Now the credit risk is at the Treasury market level, except Treasuries have no credit risk. The government can always just print the money to mak...
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