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Author Topic: US Dollar Collapsing  (Read 2022 times)
madwica
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May 11, 2017, 10:13:38 AM
 #41

On my own opinion I think US dollar were not collapsing it was fluctuating because some coins or money in the market were still raised up that's why US dollar were bringing down. Moreover USD were takes a decades before collapsing
Correct and i think us dollar or fiat will not ever collapsing it is decentralize currency which can be used by all people in the country like usa.
Dollar will remain as powerful fiat in this word because it depends on the economy of usa which is very progressive country.
Xester
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May 11, 2017, 11:11:19 AM
 #42

On my own opinion I think US dollar were not collapsing it was fluctuating because some coins or money in the market were still raised up that's why US dollar were bringing down. Moreover USD were takes a decades before collapsing
Correct and i think us dollar or fiat will not ever collapsing it is decentralize currency which can be used by all people in the country like usa.
Dollar will remain as powerful fiat in this word because it depends on the economy of usa which is very progressive country.

Today US dollar have not collapsed but it is possible to collapse sooner or later. The situation of United States in terms of economy is quite troublesome aside from a number of trillions in debt they are printing more US dollars more than the gold reserves they have in stock. If somehow China can make the monopoly of Gold and they will be successful and the United States will buy it from China in a very expensive price then the authors claim about the crash of dollars will come into fruition.
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May 11, 2017, 11:33:56 AM
Last edit: May 11, 2017, 11:49:15 AM by deisik
 #43

I don't really think that the political system of the US is actually broken

In fact, many people around me now really talk about how robust, resilient and resistant it is after Trump has been elected the US "champion". Trump kinda seems like a random dude who managed to make it to the top somehow, but the system obviously won't let him destroy itself. We have seen his executive orders mainly ignored, courts openly defying him, and he does seem to care, after all, otherwise he would be quickly displaced if he is unpopular (which seems to be the case) or just assassinated like Kennedy by the CIA (if he were)

It might help to talk a little about general areas where the political structure is broken.

Elon Musk's Space X budget is between 10 and 1000 times smaller than NASA's budget. Space X is constantly innovating and progressing space technology despite having a budget that is tiny in comparison to NASA's. While NASA spends many times more what Space X does without producing much in the way of postive tangible gains. This is one indication of how broken, inefficient and wasteful the US political system is.

In the US public schooling system, some schools have per student costs which are near to the cost of Harvard tuition. Another example of an broken, wasteful and inefficient state run program. Private schools in the USA are always far superior to state run public schools in terms of cost, performance and overall educational standards.

In terms of defense, the united states spends more on military funding than any country on earth. Yet, looking at recent news, it seems russia has superior military technology in some areas. One example of this is russia's new zircon hypersonic missiles which are nearing production. The united states, despite spending more than 10 times more on defense than russia, is nowhere near having hypersonic capable conventional missiles or ICBM's while russia will have both, shortly.

America's healthcare system is the most inefficient, wasteful and expensive on the planet. All of these inefficiences are not random, isolated, occurrences but rather symptoms of a broken political system.

There could be a reason why the united states military appears designed to be as fuel inefficient and expensive as possible. New US warplanes like the F-22 and F-35 have wings which are as small as possible to make them as fuel inefficient as possible. While russian warplanes typically have much larger wings and much better fuel efficiency. The same with tanks. The abrams M1 is equipped with a gas turbine which can be extremely fuel inefficient in comparison with the diesel engine other countries like russia use in their own tanks.

Is it an accident that many american industries like healthcare and products like wartime hardware are purposely built to be as inefficient and expensive as possible?

The F-35 program cost more than a trillion dollars, likely due to the political system being broken. A country like russia with a political system that is not dysfunctional could probably have built the same aircraft at a fraction of the cost.

Trump is doing some good but to fix the problems we have, we must first be willing to admit these problems exist.

That is not so easy for many

You seem to be mostly cherry-picking here

While I certainly agree that Russia probably has more advanced weapons in certain fields, for example, it does have a 5th generation fighter (and look how its wings are similar to F-22's) as well as the only series-produced 4th generation main battle tank (while the US military doesn't), but this is not about military as such and not about Russia at all. The political system of the US is by far more robust, persistent and resilient than those of most other countries (including Russia, with its "eternal" Putin and his pet-boy or pet-toy prime-minister Medvedev), and this becomes evident especially in times like nowadays when even a (purportedly) rogue president can do nothing to dismantle or destroy it (this clearly shows its strength). Just in case, I'm far from idealizing the US or the so-called American way of life, but I have to face the facts (and cut the crap)
 

olushakes
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May 11, 2017, 11:48:55 AM
 #44

http://didthesystemcollapse.com/ Read the top right corner "what is happening" or for those too lazy:

Real money is Gold and Silver. Paper money only started having value because it used to be backed by gold several decades ago. Now it's backed by nothing except mass delusion and geopolitics.

Since the 2008 economic collapse, central banks around the world have overdosed on financial stimulus and printing money out of thin air. They have artificially suppressed the prices of gold and silver to keep the dollar delusion going.

On April 19th 2016, China locked in the dollar's death by launching their own gold price fix. For the first time in modern history there are now two prices of gold, one in the Chinese yuan and the other in the dying dollar.

If the West were to raise the price of gold, it would kill the dollar completely as it would prematurely instigate the inevitable mother of all safe haven panics.

If the East were to raise the price of gold, it would drain the West's gold reserves due to arbitrage. This would expose the West's fake gold market and kill the dollar. Doing this prematurely means the East could no longer buy gold for themselves at heavily undervalued prices for their post-collapse monetary dominance.

The eventual endgame is that the price of gold skyrockets and the dollar permanently collapses along with the global banking system and modern society as we know it. Black Friday will be everyday as the masses murder each other for a peach pit. This is sure to happen anytime between now and the end of 2018.

Don't believe it? We'll find out soon.

The Chinese are buying gold and silver like crazy. Google it. The Chinese are dumping American treasuries. Google it. The Chinese own 60% of the world's mining power. Google it. Add it add together and red flags should be going off for you all over the place. The US Dollar is collapsing. Hell google that too. Get the hell out of altcoins. We're already seeing what extreme spikes do to the price of altcoins, right? What happens when that spike goes to $2000? $2500? $5000? You can come back to altcoins after the spike. The bottom line is Bitcoin is your safe haven. Stay there.

It seems everything I am reading her is all about the Chinese these and the Chinese that and how they are controlling the financial mainstream of the world. I admit that the Dollars might be having an issue but to me, its largely exaggerated by this write up. Chinese Yuan is just struggling to dislocate the dollar from the position it had occupied over the years which is not a simple thing to do at least not in the short term. Aside that, I dont see a functioning United States Government relaxing at the background and allowing another currency take its place knowing fully well that when that happens then its political power inadvertently diminishes as well.
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