Dear Wall Street Daily Reader, The U.S. dollar and euro are doomed. Why? Because in addition to being in slow-growth economies, saddled with debilitating debts, they’re the victims of an enormous increase in money supply.
Result? Serious inflation and devaluation for both currencies in the coming years.
Even if the United States doesn’t add to its already bloated debt, the interest on it – coupled with massive money printing – virtually guarantees higher prices. The same goes for Europe, as the region is printing money out of thin air to bail out its ailing countries and banks.
However, the dollar and euro’s pain could easily be your gain.
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Ismailimail 