Tag Archive: Bill would outlaw U.S. dollar in Russia

Bill would outlaw U.S. dollar in Russia

                                      Bill would outlaw U.S. dollar in Russia Predicting the imminent collapse of the U.S. dollar, a Russian lawmaker  submitted a bill to the country’s parliament on Wednesday that would ban the use  or possession of the American currency. Mikhail Degtyarev, the lawmaker who proposed the bill, compared the dollar to  a Ponzi scheme. He warned that the government would have to bail out Russians  holding the U.S. currency if it collapsed. “If the U.S. national debt continues to grow, the collapse… View Article