Russian Dollar Dump Could Crash Financial System-John Williams
March 07, 2014 at 07:43 AM EST
Economist John Williams says if Russia sells its U.S. dollar holdings, it could trigger hyperinflation. I don’t agree with Mr Williams entirely, as it doesn’t seem likely that Russia dumping $200 billion would be enough to immediately crash the dollar or financial system. It could be a first domino to fall and if China joins [...]