The world may face a global inflationary wave.
It is possible that the inflationary phenomena observed in many countries will lead to a new large-scale crisis.
Russian economist Mikhail Khazin spoke about this, DEITA.RU reports.
He explained that the standard of living of US citizens could decline sharply, and the country's GDP could shrink significantly.
According to Khazin, the only asset that will rise in price during the crisis will be gold.
The economist believes that the value of gold will increase significantly in any form: coins, bars, jewelry, securities.
Khazin emphasized that in the event of a large-scale crisis, the dollar exchange rate could strengthen for several months, but then fall.
At the same time, gold will rise in price and show recovery growth.