Donald Trump has warned that the U.S. dollar is crashing and soon will “no longer be the world standard.” The former president of the United States further warned that “we are very close” to a third world war happening. “Joe Biden has led us to the very brink of World War III,” he stressed.

Trump on Inflation, Dollar Crashing, World War III

Donald Trump released a video Tuesday following Joe Biden’s announcement that he is running for the president of the United States in 2024.

The former U.S. president began by outlining the damage to the U.S. economy caused by Biden in a few short years, including his “spending calamity.” Trump described:

American families are being decimated by the worst inflation in half a century. Banks are failing, our currency is crashing, and the dollar will soon no longer be the world standard, which will be our greatest defeat in over 200 years.

“Joe Biden has led us to the very brink of World War III,” Trump continued. However, he clarified: “I’m not predicting World War III but I will say this, we are very close.” He then promised that if he’s elected president in 2024, “we will prevent World War III from happening.”

Trump recently warned that China is trying to displace the U.S. dollar as the number one currency throughout the world. He also cautioned that the USD losing its world’s reserve currency status is like America “losing a world war,” emphasizing: “We’ll be a second-tier country.”

This week, the deputy chairman of Russia’s Security Council, Dmitry Medvedev, also urged all countries to make efforts to avoid the outbreak of a new, full-scale global conflict. “We all need to work to ensure that this threat of global confrontation, of a hot, full-scale World War III should not materialize,” the Russian official said.