The Inevitable Decline of the Dollar | Former Fed Governor Tom Hoenig

Former Fed Governor Hoenig warns the dollar's purchasing power faces inevitable decline due to persistent deficit spending and expanding national debt.

An inflationary boom is projected for 2026, driven by tax cuts and AI capex, but risks a severe economic hangover in 2027-2028.

Investors are advised to own hard assets and gold as a hedge against the long-term devaluation of fiat currency and systemic inflation.