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Topic: US Dollar Collapsing - page 3. (Read 2025 times)

sr. member
Activity: 476
Merit: 252
May 03, 2017, 04:22:19 AM
#4
There seems to be a growing and global consensus that soon the mighty American Dollar would collapse and be replaced as the global currency used in trading and transactions. The value of the dollar is really artificially pushed because as of now there is a demand for it worldwide being the official currency for commerce.

China is now undermining the dollar and soon together with Europe it can be clobbering the dollar and that would be the demise of the American supremacy in the global order in terms of economy and politics.

A new world order is coming. When USA will wane and its influence is negligible there would be a struggle as to its replacement. Countries like China, Russia, Euro and yes even Iran would be fighting to replace the vacuum.

Bitcoin can have a pivotal role to protect the people as the world is experiencing some purges.
 

It's already worrying that this consensus exists.
But it's logical. US dollar IS completely empty currency.
There is nothing backing it up apart from USA military power in fact...
hero member
Activity: 490
Merit: 501
May 03, 2017, 04:05:56 AM
#3
There seems to be a growing and global consensus that soon the mighty American Dollar would collapse and be replaced as the global currency used in trading and transactions. The value of the dollar is really artificially pushed because as of now there is a demand for it worldwide being the official currency for commerce.

China is now undermining the dollar and soon together with Europe it can be clobbering the dollar and that would be the demise of the American supremacy in the global order in terms of economy and politics.

A new world order is coming. When USA will wane and its influence is negligible there would be a struggle as to its replacement. Countries like China, Russia, Euro and yes even Iran would be fighting to replace the vacuum.

Bitcoin can have a pivotal role to protect the people as the world is experiencing some purges.
 
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
May 03, 2017, 01:14:15 AM
#2
The US government should start buying Bitcoin while it is still relatively cheap and then hoard it for a few years. In the near future people will use the US Dollar to wipe their ass and use toilet paper as a currency at the rate at which the dollar is losing it's value.

The Chinese has become the economic capital of the world, while the US has become the military giant built on huge debt. Let's see if Trump can turn this around and rescue the US Dollar and the US economy. ^hmf^
newbie
Activity: 11
Merit: 0
May 02, 2017, 11:45:07 PM
#1
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.
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