dollar vigilante how true is this blog?

[isildur1]

https://www.dollarvigilante.com/ predicts the economy/dollar will collapse this year october time. How believable is this??

[Ahab_Hunter_of_BearWhale]

If you look at how very rapidly the US has expanded its money supply through printing massive amounts of money, it is very very worrying. If you look at history, all Fiat currencies collapse and become worthless, if you look at history we don't learn, or very slowly, if you look at history empires spend as thier peaking get arrogant, spend too much on military campaigns and foolishly trying to, and thinking they have the wisdom or right to-reshape human affairs and governance in thier group/countries image. Too much military spending occurs, military campaigns are used as power grabs, (if you want to expand government have ongoing military campaigns/and or the threat of a foreign enemy) If you want to control a population keep them in fear about the other countries that also pull the tactic of reading other countries and going to war, and generate some bogey man within the country to keep the population divided against itself.

[pedrog]

Are they selling the magic formula to survive such collapse?

Of course they are, just like a Rapture cult, they know when the end is coming and they're selling salvation.

[DavidoAlto]

If you look at how very rapidly the US has expanded its money supply through printing massive amounts of money, it is very very worrying. If you look at history, all Fiat currencies collapse and become worthless, if you look at history we don't learn, or very slowly, if you look at history empires spend as thier peaking get arrogant, spend too much on military campaigns and foolishly trying to, and thinking they have the wisdom or right to-reshape human affairs and governance in thier group/countries image. Too much military spending occurs, military campaigns are used as power grabs, (if you want to expand government have ongoing military campaigns/and or the threat of a foreign enemy) If you want to control a population keep them in fear about the other countries that also pull the tactic of reading other countries and going to war, and generate some bogey man within the country to keep the population divided against itself.

I dont know hwere you all talking about because i dont know anything about the bitcoin im just here to do this kind of things read people their storys about
the stupid bitcoin who fooled them and other struggles they have.

[LLec]

https://www.dollarvigilante.com/ predicts the economy/dollar will collapse this year october time. How believable is this??

there are a lot of blog that predict the collapse of gold or EURO or USD.
So just check the theory behind, the history of others predictions and you can understand if there is a good chance or not.
I think that USD could collapse but not in a short period ...

[Hazir]

The most possible scenario is that we might see economic crisis. But most likely we won't see dollar collapse during our lifetime.
It would be worse than Zombie Apocalypse and US Gov knows that. They have instruments to prevent that situation and they won't hesitate to use them.

And even with totally unplayable debt economy of US could exists because of still strong productivity.
This however can change quickly as we now observing productivity crisis -  'US productivity slips for first time in three decades'.

Interesting read: http://www.ft.com/cms/s/0/925d8e6c-226f-11e6-9d4d-c11776a5124d.html#axzz4Dddo5sGS

[Denker]

I watch Jeff Berwick's videos on youtube from time to time when he is having some Bitcoiners as guests.
But I don't take him too seriously!And don't forget he tries to make money with his believers.
There are several sites and youtube channels like dollar vigilante.Read and watch it with a bit grain of salt.They all tend to exaggerate.

[BillyBobZorton]

Jeff Berwick is one of the guys that has been recommending Bitcoin since it was really cheap, it's a good show but overall it's a bit over the top and if it's not as insane Alex Jones, it's a bit illuminati type of shit.

In any case we all know the system will collapse, but trying to guess when its just a gamble.

[isildur1]

The most possible scenario is that we might see economic crisis. But most likely we won't see dollar collapse during our lifetime.
It would be worse than Zombie Apocalypse and US Gov knows that. They have instruments to prevent that situation and they won't hesitate to use them.

And even with totally unplayable debt economy of US could exists because of still strong productivity.
This however can change quickly as we now observing productivity crisis -  'US productivity slips for first time in three decades'.

Interesting read: http://www.ft.com/cms/s/0/925d8e6c-226f-11e6-9d4d-c11776a5124d.html#axzz4Dddo5sGS

what instruments can they use to prevent it? So you dont think the economy will collapse this year

[isildur1]

Jeff Berwick is one of the guys that has been recommending Bitcoin since it was really cheap, it's a good show but overall it's a bit over the top and if it's not as insane Alex Jones, it's a bit illuminati type of shit.

In any case we all know the system will collapse, but trying to guess when its just a gamble.

do you think it will be within the next 10 years or more?