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US dollar will crash & burn because of trade war with China – investor Peter Schiff

US dollar will crash & burn because of trade war with China – investor Peter Schiff

tisdag, 26 juni 2018.

The idea that a trade war between US and China is good for the dollar is complete nonsense, according to investor Peter Schiff. He believes that greenback will only depreciate.

"The thinking is – at least when it comes to trade - is that the dollar is going to benefit from a trade war, which I think is wrong. I think it's just as wrongheaded as the concept that the dollar is going to benefit from larger budget deficits," Schiff said.

Read more at - https://on.rt.com/98e5

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