Fearmongering, Or Is Our Dollar Collapsing

Discussion in 'Money & Finances' started by Joy Martin, May 21, 2024.

  1. Joy Martin

    Joy Martin Veteran Member
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    Are the conspirators working overtime on this coming dollar collapse or can
    it happen?
     
    #1
  2. Mary Stetler

    Mary Stetler Veteran Member
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    This didn't just happen and people have warned about it since the Federal Reserve was instituted. But, yes, the dollar is and has been collapsing for a century. One dollar is now worth approximately $0.00032 cents. The inflation has increased faster, recently with Biden throwing money in the toilet, so people notice it more now and it is in the news as we scramble to figure out what to do and to push cbdc--probably worldwide. One fiat currency to rule them all.
     
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  3. Don Alaska

    Don Alaska Supreme Member
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    I think the "strategy" is to put as many dollars into people's hands throughout the world that they will support the dollar's value. It is a very complicated issue, but we are on the brink of collapse. It is possible that it is being set up so that the collapse will occur on the next President's watch and he or she will get the blame for it, while the people causing it in large part will not be in office to take the blame. The BRICS nations have started a big-time attack on the dollar; China is dumping Treasuries and I heard that BRICS finally announced when the new commodities-based currency will be unveiled. Perhaps it will be at the next meeting of the BRICS probably in August in Kazakhstan I think.
     
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  4. Mary Stetler

    Mary Stetler Veteran Member
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    They would not have been in such a hurry without Biden's ineptitude. Yes, it could be a set up. But when Trump used economical weapons like sanctions, tariffs, etc they held some weight. BRICS have had the idea of moving off the dollar for quite a while. They have been pushed too far and see our weaknesses. Then again this may have all been orchestrated by the WEF and with all the illegals within our borders, it will be a good way to collapse society as well.
     
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  5. Mary Stetler

    Mary Stetler Veteran Member
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  6. Don Alaska

    Don Alaska Supreme Member
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    Isn't it disgusting?
     
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  7. Ed Wilson

    Ed Wilson Veteran Member
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    With the current U.S. debt over 30 trillion dollars, we may as well be using monopoly money by trusting in the full faith and credit of the U.S. government. Who has faith in the U.S. government?
     
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  8. Jacob Petersheim

    Jacob Petersheim Very Well-Known Member
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    I believe that too many... including the Chinese, Russians, Middle East, Africa, even most of Europe... have too much invested in the Dollar to let bad things or even a "reset" happen.

    Doesn't meant it won't crumble anyway, but it is probably sticking in the craw of our domestic manipulators. Especially among the "re-setters" in D.C. and on the coasts in general. Neo-feudalism hasn't been established quickly enough for them and Trump was a setback, as much as they tried to stymie him at every turn.
     
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  9. Don Alaska

    Don Alaska Supreme Member
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    I think the Chinese and Russians are vested in destroying the dollar. The Russians have been cut off from using the dollar by Biden's activities--sanctions, sequestering and seizure--and the Chinese have been divesting their dollar holdings as quickly as they can without causing the value to crash before they get rid of them, the government bonds, that is. The Chinese and others are investing heavily in the stock market and real estate, as they want to own as much of America as they can when the dollar crashes. They have no faith in the government, but they love our agricultural lands, forests (so they can cut them down), and the real estate and stocks in companies they believe will be viable after the dollar dies or is dramatically revalued. We have had empires crash before, but never at the invitation of the ruling class before, at least that i know about.

    Theoretically, we will crash when the interest on the government debt exceeds the total income of the government. The interest exceeded the defense budget last year I think, and, at the rate money is being borrowed and generated, I think that point will be reached next year. If we go to war on a large scale, that point can be pushed to the end of the conflict. It may be why we and Europe are trying so hard to get into a serious war.
     
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  10. Jacob Petersheim

    Jacob Petersheim Very Well-Known Member
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    How has Canada fared?

    They've been desperate to prop up their rapidly declining working-age population by cozying up to China to accept dissidents and others willing to migrate. At the same time buying up the far cheaper real estate there and pressing a heavy thumb on the government to promote a more socialistic cultural climate. Remaining a vassal state for so long probably prepped the country for a new master. I have the impression that a lot of Canadians are having a hard time recognizing their own country any more.
     
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  11. Mary Stetler

    Mary Stetler Veteran Member
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    :(
     
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  12. Don Alaska

    Don Alaska Supreme Member
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    I haven't been to Canada in a while, and we have some Canadians on the forum so maybe they can answer. The last time I was there, I talked to some guys who said their country was being sold to Chinese and Germans. They told me the Germans understood Canada and were fine to deal with, but the Chinese were nasty and wanted to treat the Canadians as slaves.
     
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  13. Mary Stetler

    Mary Stetler Veteran Member
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    Coming to a country near you.
     
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