Quote from: tabas on May 24, 2023, 08:01:03 PM

Not an expert on this matter but based on the opinions of the good finance experts that I happen to watch, they're suggesting people to keep off their hands to any asset that's pegged to USD. And they're suggesting people to buy real estate, gold, silver and even Bitcoin. All of them are telling the same thing and that's the US dollars collapsing. But we will never know until we finally get into that part that they've already defaulted. What we're going to see next? Another printing saga? Possible and if that happens, that's gonna be good for crypto but not on them and again, a domino effect to the world's economy which will increase inflation again. However, we've been used to these inflation hikes.

I think that's not really a shocking news, that's not really something you need smart people to tell you neither, its a very simple calculation. USA has high debt, they are discussing making it higher, the higher the debt they have, the less value it is, plus that means they can print more money, the more dollar you print the less value it has. Combine these two together now, and you have a lot less valued dollar and that would be very easy to see, from a mile away.

I believe that dollar will be much less valued very soon and that will not be a big deal, it will be fine because it keeps losing value but at the same time other fiat currencies lose value to, haven't ruble already did? What about sterlin, hell even Euro did. So, it is not really that much of a big deal for dollar to lose value neither.