“Investors may become disillusioned with the dollar again and start to withdraw from it under one condition.”
Publika.az reports that this was said by the economist expert Mikhail Delyagin.
“If the current political and financial leadership of the United States adopts the strategy of quantitative easing again, that is, restarts its currency, the value of the American national currency may fall. Investors will understand that the next wave of inflation will soon rise and the American money will begin to depreciate rapidly. Their active reset and conversion to other currencies will stimulate this process more strongly. As a result, the dollar exchange rate may drop sharply,” the economist said.
“At the same time, based on recent news and events, Fed officials do not intend to make any sudden moves on the key rate and are in no rush to fire up the press for another round of issuance,” he concluded.
According to the expert, it is impossible to rule out changes in this policy during serious political upheavals.
Ayşan
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