Post
Topic
Board Economics
Re: So dollar collapse ?
by
dezoel
on 09/08/2024, 18:29:03 UTC
To be fair dollar DID fall, it didn't collapse but it is not even half of what it used to worth, the only trouble is that all other nations followed and did the same thing or even worse, so the fall of dollar did not get any interest. If other nations stayed a bit stronger when USD was falling, then this would have been a bigger issue and a news, but because it wasn't, the issue did not get any worse at all.

I believe that we are going to face a lot of people with a lot of questions on why the yare not buying the same things for same money, that is due to inflation and everyone is complaining about that inflation over at USA, so they should realize that USD already collapsed like crazy and it is not worth anything anymore.

The only thing that is keeping the dollar strong right now is the fact that no other currency did alright during this period, all of them crashed and every government made big mistakes as well. So that is why we are left with a "strong" looking USD for the time being.