The US Dollar Turns 50, But Does It Only Have A Few Years Left? | Adam Taggart On Currency Crisis

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Is a currency crisis inevitable at this point? Could our national addiction to debt eventually end in hyperinflation as our government prints so much that they destroy the purchasing power of our currency? Adam Taggart lays out the risks, and then brings in experts John Rubino, Lyn Alden and Stephanie Pomboy on to add their predictions.

The US dollar has been around for a long time. But will it last much longer?

You see, while the US dollar has been in existence for over 200 years, the current fiat version -- which is not backed by any hard collateral like the gold and silver it once was prior to 1971 -- is only now just turning 50 years old. Happy Birthday, fiat US dollar!

And in the five decades since the US dollar made its debut, our current fiat dollar has lost 85% of its purchasing power.

That's been the result of rampant inflation caused by the Federal Reserve and the US government's reckless policies, huge debt build-up and massive deficit spending.

At our current rate, how much longer until folks start rejecting the US dollar for alternatives that hold their purchasing power better?

For those looking for further exploration on how to position to protect the purchasing power of your current US dollar-denominated wealth, consider scheduling a free no-strings attached consultation with the financial advisors endorsed by Wealthion -- they join me on this program every week and are experts in what we’ve addressed in today’s video.

To schedule your free portfolio review with them, just fill out the short form at: https://www.wealthion.com/

Follow John Rubino by signing up for the DollarCollapse.com email list here at: https://dollarcollapse.us1.list-manage.com/subscribe?u=79b2c40d48744e880e022cb6b&id=dfd11a9ed8

Follow Lyn Alden on Twitter @LynAldenContact

Follow Stephanie Pomboy on Twitter @spomboy

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There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?

Let us help you prepare your portfolio just in case the future brings one or more of the following: inflation, deflation, a bull market, a bear market, a market correction, a stock market crash, a real estate bubble, a real estate crash, an economic boom, a recession, a depression, or another global financial crisis.

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IMPORTANT NOTE: The information and opinions offered in this video by Wealthion or its interview guests are for educational purposes ONLY and should NOT be construed as personal financial advice. We strongly recommend that any potential decisions and actions you may take in your investment portfolio be conducted under the guidance and supervision of a quality professional financial advisor in good standing with the securities industry. When it comes to investing, past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections may not reflect actual future performance. All investments involve risk and may result in partial or total loss.