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BlackRock CEO Warns Dollar Could Be Abandoned.
BlackRock CEO Larry Fink has warned that if U.S. debt payments grow out of control, the dollar could lose its value and be abandoned. He compared it to âmonopoly money,â meaning excessive debt could make the currency unreliable.
This highlights concerns about unsustainable government debt and its potential impact on the dollarâs role as the worldâs primary reserve currency.
