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Today, Michael Jaco and Dr. Kirk Elliott discuss the possible collapse of the US dollar and the parallels with the fall of the Roman Republic, where internal erosion and reliance on government assistance played a significant role. Dr. Kirk also mentions recent developments, such as the IMF's decision to allow countries to use the Chinese renminbi for debt settlements, which indicates a further decline in the US dollar's status.
By Kirk Elliott PhDToday, Michael Jaco and Dr. Kirk Elliott discuss the possible collapse of the US dollar and the parallels with the fall of the Roman Republic, where internal erosion and reliance on government assistance played a significant role. Dr. Kirk also mentions recent developments, such as the IMF's decision to allow countries to use the Chinese renminbi for debt settlements, which indicates a further decline in the US dollar's status.