Topic: Will The USD (and military) remain a Global force for at least 5 more years? (Read 178 times)

Are you just pondering about it, or you really believe the US is in so much shit that they would no longer be a global force in the near future?

If you really think that then you have to think again. The United States will always be top force economically and in terms of military power for a very, very long time.

If the dollar collapse, it would affect all part of the economy making the money spent on the military smaller and therefore reducing the military might.
You can't have a poor economy and have the best or one of the best militaries in the world. Infact, no sector can be world class if the economy is poor.

Honestly, 5 years is not that long and of course, there will be lots of crazy things that will happen but I hope another national war is one of them because we cannot afford to see such war again especially when the US is involved against another big-time country. it will only result in bad things and the ones who will suffer the most are the civilians on both sides. As I can see right now, USD is still dominant and hasn't been experiencing a huge crash even in the middle of the pandemic and it will surely survive in the next 5 years with being one of the top currencies of the world.

I perceive the future as kind of boring and sad.  It is already a bit of a dystopian world we live in.  And I am convinced events will only make things worse in the next five years.

Some of you will hate me for saying this.  But I believe American supremacy of the global events and force has faded away already significantly enough to produce a visible change.  It is clear that another power is rising.  It does not even need to be named.  We all know who it is.  They are rising with a strong spike.

Dollar turning into dust.  May be possible.  If that happens however, tough times are awaiting us.

Some of us rather not share political views from an account with possible links to our identity.  Could be an old user.  Nothing is wrong in that however.  Bitcoin Talk has many new users who are much more suspicious than this guy.

I believe it is not something which is inevitable, the United States is a big country with a long story of being a superpower. If politicians play their cards approperly they can actually make the USA dominance as long as a century more.

I have lately seen people in USA being pessimistic on their own country, but they should not be as much. The adversaries of the United States are not so powerful yet as they want to appear to be.

I would give 10 years instead of 5.
IMO approximately in this time it will be no longer possible to increase debt ceiling and US will have to do something with the problem. There are two obvious solutions - cutting the welfare or implementation of VAT taxes. But it seems like none of this gonna happen because this will be a political suicide.

On the other hand we got stories with russian sanctions and chinese trade war. Countries with unclear relationships with the US will significantly decrease their USD reserves (I guess their reserves will have the same structure as their external trade) and it is not clear what US gonna do with released volumes.

But on the other hand, the US is the country where the entire world's economic science is concentrated. So if any solution is found, there's a high chance it's going to take place in the US.

5 years isn’t a very long time. While the Biden administration has definitely sowed the seeds for the USD to lose global reserve currency status, the fact is that the USD and the US military are juggernauts that cannot just quickly disappear. It will take a long time. Maybe 20-30 years or more, but losing global dominance is inevitable.

By the way, I thought that those bills of the highest value possible (5k$, 10k$ ...) were pulled off circulation because it was easier for drug traffickers to transport their dirty money around. The 100$ bill was intended to be the highest, so criminals would need to transport more volume for the same FIAT value.

I agree with you that eventually the USD will have to go through a reconvertion process or they will have to print 200$ and 500$ eventually.
It is something which I am quite familiarized with, as a Venezuelan living in Venezuelan.

It is weird to think that a superpower like the United States of America will have to do what inflationary economies need to, because of how inflation mess with the value of bills.

You think you can change the world? I would never dare think of changing anything, the world is shaped as it is intended, and usd can become the reserve currency as it is intended, trying to change this global force is as difficult as trying to defying the gravitation force, yup, turn the earth upside down!!! How on earth you could do it within five years? I would rather think usd would be around for the next 100 more years, there is just nothing else could challenge the dollar, and the military that is backing the strength, do you see global event can be entirely shut down by the biden admin as he seem fit, it is as convenient as flipping a switch, but good luck on being depending on dollar and keep worrying about your life, like a headless chicken.

We have more than one question here.
1. Will the dollar collapse at all?
Yes, I think that at some point it will die and get reset, the way European currencies were dying and being reset, like the Reichsmark > Deutsche Mark > Euro.
This is bound to happen to the dollar sooner or later, unless we get to remove all the small bills and start printing $1k bills again. Many of you may not know that the US used to print them in the 60s but stopped because they weren't used back when $1 had some real value. Nowadays $1 is barely used and cents have no value, so $1k might be back, mark my words.

2 Will it collapse in 10 years or less? I don't think so. The US will pull all the aces to keep it afloat, including threats and war.
For instance, it could start sending troops to Taiwan if it wanted to escalate the conflict. If the war in Ukraine ends, the US will probably benefit from it, selling supplies and rebuilding the country.

3. Will its military remain dominant?
10 years is not enough for military equipment to become obsolete. Look at Russians and Ukrainians they're using gear made in the 60s. Some soldiers even use WWII weapons.

The USD is a strong catalyst for the US and that includes her economy and military. If anything happens to the currency then it is likely going to affect her pride in other countries and her allies. The strength and growth of the US army including influence will reduce because the dollar stand in the gap for exchange including different types of allegiance, countries as stooge to them , leadership roll in UN, UNESCO, NATO etc. Many countries are under US because of her military and economy and I think this may not last longer anymore with rival as BRICS led by Russia as number enemy.

You need money to fund the military so a poor country cannot have a strong military. If the USD collapses which are highly unlikely, the US military will be underfunded and other buoyant economies' armed forces will become stronger than the US. Advanced military hardware and extensive research are expensive this is why many developing nations lack strong military capabilities.  Alternatively, nations that have strong military can use it as an advantage to become rich. Militarily advanced nations can sell sophisticated weapons and sustain their economy. An example is the case of North Korea's relationship with Russia. I have read about empires that collapsed because of weak militaries and others that went down due to weak economies.

The US economy is one of the most resilient economies in the world. It's collapse is unlikely in decades. To a large extent, the US have done well in promoting global peace and equality but they have also made some grave mistakes. The main chaos currently is in Ukraine and Russia should be blamed for starting the war. I am also saying that the wars and conflicts in other countries are receiving lesser attention from the US. I believe that these conflicts will come to an end but nobody knows when.

The USD and its military are likely to remain a global force for at least the next 5 years. The United States has a strong & stable economy despite its seemingly recent struggles The USD is the world's reserve currency. The US military is the most powerful & technologically advanced in the world. Global dynamics may shift over time, the USD & US military are expected to maintain their influence & significance in the international arena for the foreseeable future.

Right, it is a bit suspicious a brand new account would jump directly onto the political board, instead on others like Bitcoin general or the beginners section. But it is possible, so we should not over think it too much.

Also, even though 5 years indeed a short period of time for a republic which has has two centuries of existence, empires and big Unions tend to break down fast. Another example of it was the collapse of the Soviet Union and the fall of the Roman empire.

I'm pretty sure that your question boils down to how the long time power of USD (American giant economy) and the military power can be disrupted by the advent of other forces that negate the intentions of the USD dominations amongst other things.

Yes, one can say that, as time goes on, if there could be strong opposite global forces that can challenge the dollar domination across the globe, consistently for at least 3 to 5 decades, it could change the narrative. But we must realize that the dollar infestation and imposition on the global economy has given it that leverage to globally control the economic activities and military power. The strength of the dollar to the military power is side-by-side. Since military services (covertly and overtly) are capital intensive, one must be able to take control of the global economy which the USD has been consistently doing over the years.

Now, the possible force, that's likely to challenge the status quo is through the use of the BRICS. But when and how possible is another topic for discussion entirely. However, what I cab guarantee you is that Dollar will remain a Global force in the next 5 years or more.

The possibility of the BRICS to disrupt the USD and US military is very high, as they're a combination of globally rising economies and military forces that have identified the current dominance and are working towards it. If the energy will continue to move steadily, they can easily disrupt that power through the provision of laudable and mouthwatering alternatives.

However the case may be, the USA and US military will still be in hold of the global power for at least the next 5 years to come.

Why US Dollar will not fall in next 5 years or 10–15 years because this currency is not here today it has been here for a long time it will say it will not fall and US currency works like military.It is no secret that the US military is very powerful, as can be seen from their activities.China or other allied countries are making many plans to prevent the dominance of the US dollar. They may be successful in some areas, but it will take a long time to dominate the whole world through BRICS It will take a long time to fulfill the plan that has been laid out because the world is still divided into two parts America on one side and Russia on the other side, so it is almost impossible for all the states to come under one roof so easily.The whole world is different or diverse from different places, but the whole world is still completely dependent on the US dollar so it is very difficult to separate in this place because it is connected to the system because a To change the system is to change the big revolution.The US military is highly skilled and able to conduct operations be it through military weapons or other military weapons using materials such as the US dollar of its fabled military weapons America is not an empire that is going to fall today. If they are to fall, the criticism that they are going to fall will be impossible to withstand.
Finally, US dollar dominance and military power is problematic in some areas, but it is a sustainable system, and it is accepted by all, so it is impossible to end it immediately.And I don't want the opponent to disappear from the field because if there is no opponent there is no fun in the game I think they will also create a situation like the current system for us at some point, so we need balance in all areas As long as America remains on the map of the world, they will do everything to maintain their dominance, their roots are very strong. So you don't worry or fear what you are seeing will look more durable ahead Maybe there will be variation in some cases but not the whole management hope you understand.
*Despite such bad conditions, the dollar has risen again and will continue to rise.

So, you signed up on Bitcoin forum and then went straight Politics board and made your first post here. OK, but are you really new here? Back to your question, I don't really like to predict future. Collapse of dollar, I don't reall see this coming. For me it's just difficult to imagine Something similar what happened in Venezuela for example, ahppening in USA.
USA remaining as main global force for remaining 5 years? Well, 5 years isn't such long period of time for such huge changes. So, I'm confident that USA is going to keep their positions for upcoming years, but there is big chance that sooner or later China is going to take it over.

If USD fails then the U.S. military won't have any funding, so it would collapse too. Without a strong currency, there is not a strong military. And vice versa.

The shelf life for USD is much greater than 5 years. If we're talking about a collapse, perhaps a few more decades of reckless spending before USD holders recognize the fragile house of cards that is United States currency. I don't wish suffering upon anyone, which is why I don't hope for a major currency collapse even though it would benefit crypto greatly.

Hey all, I am brand new and signed up, concerned about the future. Do you think the USD will collapse in < 5 years or remain a powerful force. What about the US military? Historically, don't empires collapse both economically and militarily at about the same time. What will happen if the Dollar turns to dust, but the US military is still the most dominant? Has something like that ever happened before?

To be clear: Americas status a Global Leader is not my primary focus, but the really ugly chaos and people suffering is. I try to be optimistic, but I am concerned. What do you think?