Important opinion needed from people here on bitcointalk. Your opinion matters.
I assume you all are aware of the scenario that can take us to coldwar2 between USA and Russia.
Questions:
1.Whom you support , USA or Russia.(please be frank)
2.What you think,is there any chance of war in near future?
3.Are you starving or perturbed by the massive fall in rouble?(this question only for Russian people)
4.How much you think the usd vs rouble gonna fall in near future.
[5] add your comments and thoughts about the scenario.
*6* Do you support war?
My Opinions:
1. Russia
2. Yes
3. No
4. It's gonna fall hard yet.
6. Yes.
1. I support the non aggression principle. That said, I support domestic security (as measured against the same standards applicable to the lawful use of lethal force) and I reject un-welcomed intervention into foreign entanglements. I side with the USA, my family, friends, and neighbors; not the whims of the electorate, or the games they play...
2. Yes
3. N/A
4. The USD will become far too strong relative to other currencies. This will kill the USD...
5. The USD will end in a deflationary spiral (it's already underway). As the USD becomes stronger, people will hoard it, this increasingly slows the velocity of money. A low velocity of money leads to a lack of liquidity in lending and complete economic stagnation. Banks are forced to create money intended for lending, offsetting the deflation with inflation, but the majority of that money won't make it down to the true actors within the economy. Wall Street booms while Main Street busts... This deviation from fundamentals absolutely devastates confidence in the currency, resulting in a deluge of individuals dumping dollars for tangibles and other assets, creating the same effects observed during hyperinflation... This is already happening, and it's at a blistering pace...
6. No, because to support war is to support evil, suffering, oppression, and atrocity. To support those things, you would be a terrible person defacto. I support the public interest in the defense of human rights and national sovereignty, and aiding in the defense of others when they themselves are subjected to the imminent threat of harm.
When the USD dies, the ruble will die too... The lack of confidence is what kills a currency, and sometimes confidence is simply illogical...
The SDR basket or any other single world currency can't save the world from financial collapse... The world isn't collapsing from the top down, it's collapsing from the bottom up! The problem as I see it is this, with the lack of confidence in all the underlying constituent currencies being so dramatic, why would anybody think that bundling them all together would miraculously result in confidence?
People are leaving "faith" based currencies, the USD is failing fast, the SDR will be practically dead on arrival, and it's about to be a very tough time to be alive...
Don't be so quick to cry for war, it's the road to generations of torment and suffering, we'll be doomed to repeat the lessons of history until we learn to address the problems at the root...