Post
Topic
Board Economics
Re: So dollar collapse ?
by
bubilas
on 20/08/2024, 05:20:02 UTC
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.

I couldn't understand before why the dollar is so strong as a currency. And I also couldn't understand why it wasn't backed by gold reserves. In fact, it's just a piece of paper with presidents. But it turns out that everything is not so simple, the point is that the dollar is recognized in many places, and the very point of the dollar is that it is American. The US has shown itself as a country that knows how to invest correctly in the economies of other countries, giving them a financial boost, look at South Korea for example.