The money supply is in a historically steep decline, but I'll give it some time before I'll say it's crashing. I'm open to the idea after seeing that chart, as I'm always open to new and better information. I just want to wait and see.
The strong dollar may have been the cover story for suspending Bretton Woods, but in my opinion, the real reason was to obtain an infinite line of credit to continue funding the Vietnam war and outspend the Soviets on arms. It's one reason the US "won" the cold war. We could go into debt and Russia could not.
The dollar will have its day of reckoning, but things would have to be far, far worse in the middle of a collapse for it to be so.
The money supply is in a historically steep decline, but I'll give it some time before I'll say it's crashing. I'm open to the idea after seeing that chart, as I'm always open to new and better information. I just want to wait and see.
The strong dollar may have been the cover story for suspending Bretton Woods, but in my opinion, the real reason was to obtain an infinite line of credit to continue funding the Vietnam war and outspend the Soviets on arms. It's one reason the US "won" the cold war. We could go into debt and Russia could not.
I expect this to happen.