Post
Topic
Board Speculation
Re: [WO] Measures of Value
by
nullius
on 16/03/2020, 17:09:35 UTC
Every sane person has known for a very long time that the dollar must collapse someday;

Not anytime soon. No universally-recognized replacement on the horizon.

Why do you assume that a replacement must exist before it collapses!?

That is like assuming that Madoff’s scheme could not collapse before his investors moved on to something better.  Say what?

The U.S. Dollar itself is the most enormous of things that are “too big to fail”.  That does not mean it cannot fail—to the contrary.  It has been suspicious since 1913, fundamentally unsound since the 1930s, and a red-tag scam since the 1970s.  Of course, it will collapse—it cannot keep going forever!  The problem is that without a crystal ball, it is impossible to time the collapse of a global, tera-scale scam backed by a habitually belligerent military superpower with a worm-eaten domestic economy that still has a lot of momentum.

I am not a financial analyst.  I think in historical terms.  The context that you snipped:

Every sane person has known for a very long time that the dollar must collapse someday; but trying to predict when is like trying to predict the fall of the Roman Empire when you are living in it at some undermined point between c. A.D. 300–400... or is it later than I think?