NEWS RELEASE
FOR IMMEDIATE RELEASE
November 5, 2025 -- Knoxville, Tennessee -- Tennessee candidate, Elliott J. Schuchardt, appeared on the Charles Cook Podcast in early October. During the podcast, Schuchardt talked about his new book, America's Achilles Heel: How to Protect Your Family When America Loses the Reserve Currency.
In the book, Schuchardt argues that the U.S. dollar is artificially overvalued, due to America's monopoly on the sale of oil for only U.S. dollars. Schuchardt claims that the dollar could potentially lose much of its value overnight, if the world's commodity markets were to price their goods in a currency other than the U.S. dollar. Schuchardt argues that China and Russia are preparing to issue a new reserve currency, which could trigger this threat.
Schuchardt's interview with Charles Cook is available online at:
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