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RE: Currency Tidal Wave Part 1: Debt and Inflation

in LeoFinance3 years ago

Cathie Wood of ARK Invest predicts that deflation from technological advances is a far more realistic problem than inflation... and everyone else seems to mock ARK for it.

The USD is incredibly stable since so many countries use it for trade. I'm sure China would love to replace the USD with the Yuan for international trades... but I'm 100% they've got way bigger things to worry about with their real estate markets right now.