What is the reason for collapsing the dollar?

[yerrag]

You just made a strange about face that doesn't fit your usual analysis. You have done this once before with me particularly, but I let that slide as you had lost your cool in an Agent Royale with Managing whom I assume got booted. I think you rushed to China's defense or was it Iran's, don't remember.

But this is weird.


Almost doesn't even make any sense. You spend a page and a half detailing my point which was China has been groomed for half a century which you did a fine job of, left out a few important things but ok, then you accuse me of falling for propaganda by way of my supposed impugning of the vast integrity of CCP morals.

Like I say, weird.

Edit: I now see you made another posting to me on the matter. Must have thought it over but I will read it tomorrow, good RPF!

What is consistent is you can't back up what you say but instead resort to saying things that are unfounded generalities.

Like I made an about face.???

Like somehow I had anything to do with managing being booted out. Innuendo? Benign or malicious? You tell me.

Your habit is to say something and then you don't back it up. Do you write books that only have a title and blank pages?

We don't make about faces in one post. That would be weird. What is weird to interpret being consistent as being fickle. But our minds aren't static. If over time, facts emerge that is counter to my initial determination. I would certainly have to reassess and in the end, even say I was wrong in my initial determination. That isn't being inconsistent. It is being open.

 

[Oleg]

yea, the majority of wealth in the entire world is concentrated in the stock market. that's why millionaires and billionaires love inflation and a weak dollar, because their stock prices can double in year (which happened to amazon, making bezos over 100 billion in unrealized gains and rising). meanwhile the majority of america who doesn't own stocks, who lives on a fixed wage, gets screwed because yearly the inflation lowers the purchasing power of their fixed wage, essentially giving them a pay cut without officially doing so.

Pay cut and an additional tax on any money they saved.

 

[Sweet Meat]

I still have a hard time seeing how deflation will happen

deflation = more state power, less bank power and public outrage via negative interest rates and nobody being able to withdraw their money. this is determined by the level of fear in the public, which in turn is entirely controlled by the media and the state - not the banks

the banks control the flow of money into the state - no state in human history wants to be controlled by money lenders, so it is in neither the interest of the state nor the interest of the people to destroy the currency via hyper inflation (spending)

it is however in the interest of the state to take control of the money printers, and the only way they can do that is to terrify people during routine economic depressions and make deflation unavoidable in order to strangle the banks with their own debt. while hyperinflation may be unavoidable by default, it is entirely manageable when you can convince billions of people not to go outside or spend their money because of invisible demons, using media and celebrities and "science"

deflation MIGHT happen naturally, but the fact is politicians and media have dedicated decades of resources into artificially suppressing the velocity of spending and right now the only institution on the planet making a concerted effort to AVOID this, is the IMF, who has been issuing mandates to banks across the planet to force people to spend, spend and spend some more.

the state, however...seems more concerned with the invisible demons who imo are the harbingers of deflation and the biggest threat to the banks power in 500 years

‘Spend as much as you can,’ IMF head urges governments worldwide

Source: MOSCOW (Reuters) – Policymakers worldwide should embrace more spending to help revive their stuttering economies, the head of the International Monetary Fund said on Friday at Russia’…

eurymanthus.wordpress.com

 

[JDreamer]

No need to be under, when they're sucking your blood without you knowing it 24/7. Maybe they're under your hair? Go check. Embalden yourself to be sure.

Stay paranoid my friend.

 

[yerrag]

Stay paranoid my friend.

Don't worry. Be happy.

Contended cows. Happy pigs. Well fed chickens.

Are.

 

[docall18]

golds normally good but isnt the issue with it if more supply is discovered? like as soon as gold supply increases it would devalue the gold? do you think scientists will be able to manufacture gold eventually? I mean once they can create gold from paper or cheaper metals or some other method, the same issues with paper currency will occur with gold.



interesting, how would china rescue the world from zionism? isnt China pro zionist?


what is 4IR?

Gold is limited, has many uses and has been money for thousands of years. IMO, medium term the dollar price will skyrocket.

IMO; As the Fed tightens current monetary stimulis, inflation will reduce, and there will be deflation and a huge market crash.
The Fed will react to the deflation, and there will be massive inflation, maybe hyperinflation.

So, huge market crash in 2022, possibly in first half. Followed by a period of deflation, followed by huge inflation. Gold and mining are good currently & long-term, however everything will get hit in the crash including gold.

 

[Dr. B]

Gold is limited, has many uses and has been money for thousands of years. IMO, medium term the dollar price will skyrocket.

IMO; As the Fed tightens current monetary stimulis, inflation will reduce, and there will be deflation and a huge market crash.
The Fed will react to the deflation, and there will be massive inflation, maybe hyperinflation.

So, huge market crash in 2022, possibly in first half. Followed by a period of deflation, followed by huge inflation. Gold and mining are good currently & long-term, however everything will get hit in the crash including gold.

that means dollar is king, put money in dollars, then once the crash happens, buy up a bunch of stocks or gold?

 

[docall18]

that means dollar is king, put money in dollars, then once the crash happens, buy up a bunch of stocks or gold?

Maybe they keep the market afloat for another few years, no one knows for sure.

 

[Lollipop2]

no

the us dollar has been a fiat currency since 1970, when nixon took it off the gold standard and essentially made it worthless - it only has value because the government says it does. this turned banks into veritable gods who could print unlimited amounts of money and produce even more via leveraging debt from your bank accounts, using this profit to fund a war machine that gobbled up resources and centralized power even further

fiat currency's average around 50 years in terms of half-life and the dollar's first major stroke was back in 2008 during the financial crisis, when the federal reserve was exposed using helicopter "money" to bail out the banks and forestall the collapse of the western financial world

between then and now, china has bought up the largest reserves of gold bullion and have been road testing their new digital yuan over the last two years in preparation to restore the world economy to a gold standard and remove the centralized power from american banksters, who are using their vast influence to steal as much furniture from the deck of the titanic, before she goes under, so to speak

people think we will get inflation, but we will in all likelihood suffer deflation, forcing the banks to commit suicide as their debt becomes untenable and the purchasing power goes up, before the stock market finally goes into arrest and the dollar collapses entirely because there's no more war that can attenuate the monumental level of debt that's been accrued over the last year.

currently this expiration is overdue, but given the heavy socialism that is being espoused in the west, and given the fact that the dollar is still reserve currency, america can essentially keep the dollar on life support until there is hard collateral to replace it, which is currently due to happen in 2026

Okay, this is an interesting post. Do you have links to read more about this? I would be curious about any more details you have in this scenario.

 

[Sweet Meat]

Okay, this is an interesting post. Do you have links to read more about this? I would be curious about any more details you have in this scenario.

if you mean the collateral that is replacing the us dollar, it will be china's digital yuan. they out number america/uk/australia/new zealand/canada combined, three to one. they bought almost all of the uk's gold ten years ago, their telecommunications is nearly 2 generations ahead of america, they've brought over a billion people out of poverty in the last 20 years and they just beat the west in a trade war, so it seems obvious they will dominate the 21st century using business and their 'new silk road' just as america dominated the 20th century using the only functional war machine left after ww2

Will China become the new digital currency superpower?

The U.S. dollar reigns supreme as the current world reserve currency. Could the USD's status change with the rise of CBDCs like China’s DCEP digital yuan?

forkast.news

 

[Lollipop2]

if you mean the collateral that is replacing the us dollar, it will be china's digital yuan. they out number america/uk/australia/new zealand/canada combined, three to one. they bought almost all of the uk's gold ten years ago, their telecommunications is nearly 2 generations ahead of america, they've brought over a billion people out of poverty in the last 20 years and they just beat the west in a trade war, so it seems obvious they will dominate the 21st century using business and their 'new silk road' just as america dominated the 20th century using the only functional war machine left after ww2

Will China become the new digital currency superpower?

The U.S. dollar reigns supreme as the current world reserve currency. Could the USD's status change with the rise of CBDCs like China’s DCEP digital yuan?

forkast.news

Thank you for taking the time to reply.

I do think the reserve currency will no longer be the USD. Catherine Austin Fitts has been saying this - the elite have sucked all real money out of the US and that Central Banks will all being issuing their own cbdc’s which will turn into a slavery system. They want to tank the dollar and shift the reserve currency. I have been wondering what that will be. When you mentioned the digital yuan - it sort of makes sense. I am not sure this is a good move for the general population either short term or long term. But it will certainly be a for small group.