Federal Reserve policies have put the US dollar the risk of crashing, which will hammer consumers through higher prices, strategist Axel Merk told CNBC.
Investors should brace for a much weaker dollar [.DXY 76.59 0.71 (+0.94%) ] by diversifying out of the greenback and into currencies of other countries, said Merk, chairman and chief investment officer of Merk Investments, of Portland, Maine.
http://www.cnbc.com/id/40007252
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