Dollar to slip into steady decline as expert paints a bleak picture
Painting a bleak picture of the road ahead, Jim Rogers, the former head of research with the global Quantum Fund investment partnership, blamed the US Federal Reserve for tipping the US economy into crisis, stating that it has made the same mistakes the Bank of England did in the 1960s when sterling lost its position as a global reserve currency along with its status as the preferred medium of exchange for trade in many commodities.
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