Quote from: Die_empty on July 31, 2024, 02:06:19 PM

Quote from: Shortmaster on July 31, 2024, 01:19:39 PM

When dollar collapse ?
I keep seeing on Youtube and from experts the dooms day for USA and dollar ?
Actually dollar collapse means weak dollar and its not bad thing it means lower rates of fed so it's good for economic boost.
But i ask when the dollar colllapse lol? They keep telling us how bad is the dollar and so much doom and gloom.
So are we really see dollar collapse ? And when ?
It's grazy how much everybody talking about end of usa and dollar...it sounds funny also.

Most of these videos about the fall of the dollar are conspiracy theories that have little merit. Over the years the dollar has kept losing its value but it is still the most popular currency in the world. The majority of international trade transactions are done using the dollar. These predictions about the fall of the dollar have been around for a long time, and to date, the dollar has not been replaced by another currency in the global market.

The speculation that BRICS nations will come up with their currency contributed to the prediction of the imminent fall of the dollar, but we have not yet seen the currency. The US has the biggest economy, and it also has a stable political system, so the dollar will continue to be the primary reserve currency until a stronger currency emerges.

The rumors are not but fallacies. It is important we approach such things we a clear eye so that we won't get misguided. This is not the first time the dollar has depreciated yet the reserve currency still remains unchallenged compared to other currencies. Without that we should understand that there are reasons why there has been an instability in the value of dollar, and they are caused by geopolitical factors, and advancements in technologies. After its up and down the dollar at the end still finds a way to maintain a balance.