Breitbart economics editor John Carney provides expert analysis of the growing concern over a global shift from the U.S. dollar’s historically strong valuation.
Since World War II, the U.S. dollar has been the world’s strongest currency – but one economic expert warns that it could soon lose its power.
During an appearance on “Fox & Friends Weekend,” Breitbart economics editor John Carney warned that the dollar’s feeble valuation could be a “serious threat” to the U.S.’s crucial influence on the world stage.
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“”[It’s] not only a serious threat, I think it is inevitable. We went through three stages, as you said, after World War II. The U.S. was the biggest economy in the world. In the 1970s, global banking became basically dollar central. With the fall of the Soviet Union, the entire…