Ron Paul Warns Fiscal Responsibility Act Will Erode US Dollar Value, Hasten Loss of Reserve Currency Status


Ron Paul Warns Fiscal Responsibility Act Will Erode US Dollar Value — Says USD Could Lose World Reserve Currency Status SoonerFormer U.S. Representative Ron Paul has warned that the Fiscal Responsibility Act, recently signed into law by President Joe Biden, will escalate government spending, debt, and deficits. It will also erode the value of the U.S. dollar, “making it more likely that the U.S. dollar will lose its world reserve currency status sooner rather than […]