Ask Terry Questions Dollar stability

Dollar stability

By Terry Savage on March 29, 2023 | Wild Card

You’ve always said don’t bet against America. But what if the world does? I’ve heard the Saudis are thinking of changing from the dollar to the huan and that could cause economic collapse and hyperinflation in the US. Should we consider this possibility seriously and what might we do, e.g. buy land, gold, stockpile non-perishables?

Terry Says

I’d pick Campbell’s soup — or Progresso, depending on your tastes. And toilet paper.

Seriously, there is no imminent danger to the dollar as the world’s benchmark currency. The Saudi’s know all oil is priced in dollars. Think about other things — stuff you can do something about.



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