The U.S. dollar will catastrophically collapse in the face of China's surging economy, according to one Wall Street legend....
  • taladar@sh.itjust.works
    174·
    9 months ago

    Bove, who sees bitcoin and cryptocurrencies as winning in a post-dollar dominant world

    And with that this guy has lost all credibility he might have had.

    • ☆ Yσɠƚԋσʂ ☆@lemmy.mlOP
      65·
      9 months ago

      would’ve been more interesting if you addressed the actual point he made

      The dollar is doomed, according to Bove, because “the people making the goods elsewhere are getting greater and greater control of the means of production and therefore greater and greater control of the world economy and therefore greater and greater control of money.”