Part 9/11:
As the dollar weakens, investors tend to move their money into assets like European and Japanese bonds or gold — which hit record highs recently. However, individuals should exercise caution and seek professional financial advice before investing in metals or other assets, as markets can be volatile.
The Long View:
Ultimately, the world is gradually transitioning toward a more diversified monetary system, but the US dollar's decline will likely be a slow process. The transition involves complex economic, political, and trade considerations that cannot be unraveled hastily without significant consequences.
Key Takeaways
- The US dollar is experiencing a notable but gradual weakening due to political uncertainty, rising US debt, and questions over institutional stability.