Quote from: South Park on August 11, 2024, 10:43:56 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.

The dollar has been collapsing as far as I remember and its demise has been foretold for decades, and while it is true that too much of it has been printed recently and the US government has too much debt, many other countries are in the same situation or even in a worse one, so the collapse of the US dollar seems to still be very far away, so if I were you I would concentrate on other things as I do not expect the dollar to collapse during the next decade.

People underestimate the people working from within the United States government and the Federal Reserve, as they were dumb people who cannot do anything right and each action they take only pushes the USD closer to its demise, though that is not completely what is going on.
The federal reserve know and it is aware there are some for of the United States seeking to undermine the perceived value of their correctly around the world and perhaps even replaced by some BRICS issued Fiat of some sort. The Fed is not stupid enough to allow all of it happen. While people are already talking on the future downfall of the USA dollar as a reserve currency around the world, the USA is secretly planing the counter offensive so they won't lose the hegemony of the Dollar.

My country used to be one of the most anti-USD in the hemisphere and ironically (after going through some economical crisis) the government itself and the people had not had other option but to adopt the USD for the daily life expenses and refuge for local inflation.