Claim False

The US dollar would collapse due to bank failures, leading to hyperinfl...

Balaji Srinivasan: The US dollar would collapse due to bank failures, leading to hyperinflation and a total... Published Mar 17, 2023. Status: False. Evidence...

Actor: Balaji Srinivasan
Topic: Economy
Status: False
Published: Mar 17, 2023
Deadline: Jun 15, 2023

The US dollar would collapse due to bank failures, leading to hyperinflation and a total loss of confidence in the system.

FactTracker assessment

Evidence shows that despite bank failures (e.g., Silicon Valley Bank), the Federal Reserve intervened and dep...

Verification rule: Event occurs: The US dollar would collapse due to bank failures, leading to hyperinflation and a total loss of confidence in the system.; window 2023-03-17 to 2023-06-15

Original source: medium.com