Post
Topic
Board Bitcoin Discussion
Re: Bitcoin after the collapse of the Dollar
by
Beliathon
on 21/04/2014, 03:33:54 UTC
I have read a lot recently about the pending collapse of the Dollar.

The amount of currency being printed is insane, the US are shipping their inflation across the globe by printing so much money, and when it comes home to roost, it's going to destroy the Dollar. There will be hyper inflation at worst, but a total lack of confidence in the Dollar and formation of a new world monetary system at best.
That is correct. The US economy is today little more than a house of cards protected by a whole lotta firepower.

I shudder to think how the US government will behave when backed into the corner of debt-repayment by China et all...

It will be up to every US citizen to curtail their government and prevent total annihilation.

Related: Dead Dollar Walking - Stephan Molyneux