In this clip from The Macro Show, Hedgeye CEO Keith McCullough warns of a potentially irreversible devaluation of the US Dollar that nobody is talking about but is painfully obvious.
The US Dollar has lost 96% of its value from 1913 through 2020, then lost a further 18% of its value since then. The Dollar has been devalued 78% in only the last 25 years.
“Nobody talks about it because both parties are culpable. Both parties have supported this,” said McCullough.
“All you need to know if when the Federal Reserve is cutting interest rates, that is devaluing the dollar.”
Subscribe to The Macro Show for essential updates on what the mainstream financial news won’t tell you.
