Commentary
In August 2005, a little-known financial analyst named Richard Bove issued an eight-page report for Punk, Ziegel, and Co., a boutique investment bank based in New York City.
A Legendary Financial Analyst Says ‘The Dollar Is Finished.’ Is He Right?
“The dollar is finished as the world’s reserve currency,” Richard Bove told the New York Times in a recent interview, days after he announced his retirement.
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U.S. dollar notes are counted next to stacks of 100 yuan (RMB) bank notes at a bank in Huaibei, in eastern China's Anhui Province, on Sept. 24, 2013.STR/AFP via Getty Images
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