Is the Dollar going to collapse?

Harmless_Venom
Harmless_Venom

Is the Dollar going to collapse?

How?

Why?

What will the US Reserve currency be afterwards?

iluvmen
iluvmen

All fiat currency is eventually worthless.

Right now we're waiting on 2008 Recession: Part Deux. It will be worse than 08 was by far.

None of the fundamental problems that caused it have been addressed, only papered over. Banks and business that fail are not supposed to be saved. If the government had only let the system fail and work itself out rather than prop it up, we wouldn't be so fucked.

These bubbles will pop, and when they do, it will be ugly.

RumChicken
RumChicken

What will the US Reserve currency be afterwards?

Bottle caps.

GoogleCat
GoogleCat

If you want your answer. Look into Roman's currency, as we're following in their foot steps exactly.

gold currency
fiet currency
economic boom
gold currency*
end of Rome

*Our gold currency is China.

History repeats itself all day everyday.

Garbage Can Lid
Garbage Can Lid

i dont think the dollar will collapse anytime soon but the possibility is always there.

Most likely it will continue to lose value over time like it always does.

its always a safe bet to store your portfolio assets into something not related to the dollar, as a store of value

with that said, the dollar will always be king due to ease and liquidity, for the time being.

Harmless_Venom
Harmless_Venom

The dollar is facing tremendous deflationary pressure, and has been since the financial crisis. Don't expect your money to appreciate in a bank though, as much of it will be seized to service the bank's debts and prevent insolvency.

Nude_Bikergirl
Nude_Bikergirl

Is the Dollar going to collapse?

No.

How?

It won't. It's THE ONLY currency that matters in the world.

Why?

The US and its institutions are the most respected and trusted in the world. As long as the US remains solvent on all of its debt, the US dollar will be the only currency in the world that matters.

What will the US Reserve currency be afterwards?

If that happens probably rice or ammunition.

haveahappyday
haveahappyday

The funny thing is that America's monetary authorities will soon enough be actively trying to get rid of the US reserve currency status.

Evilember
Evilember

That's very cute Alex Jones. I like your water filters BTW/

RavySnake
RavySnake

Of course it will

Ethereum or trumpcoin will replace it.

Everyone knows it'll collapse! EVEN MIKE MALONEY AND PETER SCHIFF SAID IT ON YOUTUBE

Deadlyinx
Deadlyinx

Eventually yes it is a goal of the nwo and the debt is to high now to be resolved without endless inflation. Put money into physical assets without a paper trail

CodeBuns
CodeBuns

indeed

Supergrass
Supergrass

The reserve currency status hurts America.

Soft_member
Soft_member

Ethereum or Trumpcoin

I don't think crypto-currencies will become popular, at least not while old people who are unfamiliar with the concept are a majority of the people, personally I don't like it, it's not physical, I like having something physical that you can trade. Does anybody else agree/disagree, I don't know much about crypto?

Flameblow
Flameblow

What the fuck does that even mean "the dollar will collapse"

Methnerd
Methnerd

The barter system will come it to play in a matter of time. That's why actual skills are becoming more and more necessary. Numbers and paper really won't keep people alive.

LuckyDusty
LuckyDusty

something physical like fiat cash, thats also a bunch of numbers typed into a computer?

eGremlin
eGremlin

This guy is correct. We'll move towards a currency basket, most likely. Might be 2-5 years out yet though.

JunkTop
JunkTop

At least you can hold and verify the existence of cash. Your crypto currencies go poof with a major electrical outage or a virus/bug.

Stupidasole
Stupidasole

I also agree that the rich will steal physical currency from us. Uglifying it with weird colors, fonts, niggers, etc is part of their plan to make it unrecognizable and untrusted.

Burnblaze
Burnblaze

We already have if you haven't noticed our monetary policy the last 8 years.

Raving_Cute
Raving_Cute

k

askme
askme

How so?

takes2long
takes2long

How do you manage to type so many words and say nothing?

likme
likme

Daily reminder.

BlogWobbles
BlogWobbles

Bitcoin onviously

whereismyname
whereismyname

daily counter reminder that this chart is fucking retarded.

Supergrass
Supergrass

lmao how cute

this guy thinks he knows about the financial system but is too stupid to understand the dangers of contagion.

Fried_Sushi
Fried_Sushi

Bartering was replaced for a reason.

It was a shit, inefficient system.

Nude_Bikergirl
Nude_Bikergirl

ethereum

StrangeWizard
StrangeWizard

Dollar collapse
No

Why?
The Fed will eventually raise the cash rate in near future and the fundamentals of American economy seem very strong at the moment. If you look into developing countries, such as BRICS nations, you can definitely notice that their economic growth has somewhat stagnated.

w8t4u
w8t4u

how?

Sharpcharm
Sharpcharm

Trading goods and services without being tracked and tax. Yea pretty shitty.

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