American currency is preparing surprises

18.05.2021

The economist revealed to the Russians the possible surprises that the US dollar is preparing.

According to him, surprises should be expected not from exchange rates, but from dollar inflation, inasmuch as it “eats up” part of the income, regardless of the strengthening or weakening of the ruble. The expert noted that the latest data indicate inflation of 4.2 percent, which is one of the highest rates in 30 years. Meanwhile, he warned that an increased rise in prices could lead to a decrease in the purchasing power of the population, an increase in costs, a weakening of the currency and, accordingly, the next round of inflation.

The specialist advises to save the currency with the help of more profitable risky instruments – stocks in dollars, bonds of developing countries or commodity assets.