Is the U.S. Dollar at Its Worst? Art Laffer Warns of ‘Unhinged Paper Currency’ Crisis

In a compelling interview, Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, speaks with Dr. Arthur Laffer, Founder & Chairman of Laffer Associates and former Economic Advisor to Presidents Reagan and Trump. Laffer warns that the U.S. dollar is on a trajectory towards becoming an “unhinged paper currency.” He discusses the risks of de-dollarization, the implications of the U.S. dollar's weaponization, and the rise of competing global payment alternatives like Bitcoin and gold. Additionally, Laffer shares his critique of Bidenomics and the failed policies of the current administration, offering a stark analysis of the economic challenges ahead.

Follow Michelle Makori on X: @MichelleMakori (https://twitter.com/michellemakori)
Follow Kitco News on X: @KitcoNewsNOW (https://twitter.com/kitconewsnow)

#dollar #economy #currency

00:00 Coming Up
02:07 Introduction: U.S. Dollar
04:27 Global Economic Decline
07:23 U.S. Economic Indicators
15:18 Trade and Sanctions
19:24 De-dollarization and Global Monetary System
26:06 Economic Policies and Future Outlook
40:46 King Dollar and Global Prosperity
41:24 U.S. Economy
43:14 Sanctions vs. Military Strength
47:02 The BRICS and Alternative Currencies
52:53 Bitcoin as a Strategic Reserve Asset
01:10:14 Global Economic Prosperity
__________________________________________________________________
Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news.

SUBSCRIBE to our channel to stay up to date on the latest market and industry news.

For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets - visit us at https://www.kitco.com

To get market updates on the go, download the Kitco Gold Live! APP - https://applications.kitco.com

Stay connected:

Twitter - https://twitter.com/kitconewsnow
Instagram - https://www.instagram.com/kitconews
Facebook - https://www.facebook.com/KitcoNews
LinkedIn - https://www.linkedin.com/company/kitconews
StockTwits - https://stocktwits.com/kitconews

Live gold price and chart: https://www.kitco.com/gold-price-today-usa/
Live silver price and chart: https://www.kitco.com/Silver-price-today-USA/
Live crypto market data: https://www.kitco.com/price/crypto/

Learn more about Kitco News: https://www.kitco.com/news/about/

For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: www.kitco.com/advertising

Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.