Quote from: stompix on Today at 04:26:48 AM

Quote from: Darker45 on August 05, 2020, 02:36:45 AM

Would you please us tell why a war would be the US Dollar's last hope?

The usual recycled URSS propaganda now regurgitated by everyone who wants to blame somebody else for his own failures.
The capitalist pigs will be slaughtered and their economy will fall unless they will finance a costly war with their bankrupt economy...fuck logic! And this BS comes over and over again, the US will save its economy with a war, how...that is not something the average Joe has knowledge about as it implies economics, not studies in reptilian cosmology. The war in Iraq was something at around 2.5 trillion if we price the barrel of oil at 50$ at the start of the war that's 50 billion barrels of oil or 200 years of production, although most of the exploitation is done by Russia and China right now but who would bother with those, we all know USA invaded Irak to steal its oil. /s

That aside, I've been hearing about the collapse of the dollar since I was born, I've heard of it at the start of the century, I've kept hearing about it when my child was born and the way things are going my grandchild will hear about this when he will tell stories to his own grandchildren.

I think this is not the first time you mentioned URSS. I assume you are referring to USSR every time?

Anyway, I agree that all these talks of the USD falling out of value has been around for decades. But it seems to me-- a highly unreliable spectator at that-- that the US is generally doing well despite of it all.

I don't know how old you are but I've watched documentaries of the US of old and old interviews and in those videos it was quite common to hear people casually alluding to a falling USD, a sovereign currency which was perceived to be losing its power sooner rather than later. But until now all I can see is a strong USD which is still the most powerful global reserve currency at 62%, the green currency which my countrymen have been longing to hold all their lives, the money which people are setting as a sort of an ultimate goal that they are willing to let go of their families and their managerial jobs in exchange for dirty jobs for the sake of its value, and so on.

I know war is costly in so many aspects but a full blown war at this nuclear era is going to be devastating to every single country involved. And I suppose the cost-benefit of it has already been carefully studied by those at the top. And the result of which is probably one of the reasons why the US is resorting to relatively small yet very profitable domestic and regional wars. These are not even wars; these are more like a modern and subtle way of annexation or invasion which have economic underpinnings more than anything else.