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Yale economist: Dollar will fall 35% "sooner rather than later"

Jun 23, 2020 - Axios.com

Yale University senior fellow and former Morgan Stanley Asia chairman Stephen Roach is the latest to predict the end of the dollar's run as the world's dominant currency, telling MarketWatch in an interview Monday that his forecast for a sharp deterioration of the greenback could happen "sooner rather than later."

What he said: Roach predicts the dollar will soon decline by 35% against its major rivals. “This massive shift to fiscal stimulus is going to blow out the national savings rat...