The continuous reporting of the supposed collapse of the US dollar on GAW is ridiculous.
Back in 1992, when I was a young and impressionable 21-year-old, I attended a patriot meeting where I was advised to go buy rolls of coins because paper dollars were going to crash "very soon". The crash of the US dollar has been supposedly imminent for over 30 years since I've been paying attention.
Where to even start on debunking this absolutely ridiculous farce ...
For starters, the website linked seems shady as hell. You pay them to physically store gold you buy from them? Hey, I've got a bridge to sell you.
You know what would happen tomorrow if the value of the US dollar crashed and suddenly lost half its value?
I'll tell you. BRICS would purposely devalue their own currency to crash even more than 50%.
Imagine you're the "C" in BRICS. Your entire economy is centered around shipping product to the US. Then suddenly, tomorrow, the US is only paying you 1/2 of what it used to pay because its currency was suddenly devalued.
How can the "C" in BRICS export their shitty products to the US for half the value they used to receive?
It's as if nobody who upvotes this drivel has ever heard Trump complain that the "C" in BRICS goes out of their way to crash their own currency for all the economic benefits doing so brings.
The harder someone insists that the dollar is crashing “soon”, the more likely it is they’re trying to sell you something. Which they will gladly take your dollars for even though they’re supposedly going to be worthless.
If the dollar ever does crash (which it may very well do at some point since fiat currencies are inherently unstable), then precious metals are last on the list of things that will be of use. Water, food, medical supplies, and ammo, in that order, will be worth more than their weight in gold then.
What you must take into consideration is the intrinsic value of the currency.
If you are selling a product and what you want is the highest number on a worthless currency, well...I have a game called Monopoly, what are you selling?
Have you ever read about Zimbabwe? They were printing currency in denominations of $100 Trillion Dollars
When the American dollar dies, it will be because nobody wants it. The question you should ask is, why would anyone want to ship their product to the USA if what they get in return is worthless paper that nobody wants?
You have 535 politicians that have a money printing problem and every bill they print, less the value of each bill in your pocket.
Why would any country want to trade their products for a currency that will be depreciated tomorrow? (print, print, print)
If your currency is gold backed, you are only permitted to print currency based on the amount of gold you have in reserve.
When we came off gold backed currency, the price of a dozen eggs went from10 cents a dozen to $4 today.
If we changed to a new currency that had full value, every product price across the planet would have to be adjusted.
Do you think you could demand to be paid in a $20 gold piece when you were previously receiving 2000 pennies in fiat currency?
Here is a $20 gold piece, if you have any, I will trade you 2000 pennies.
I started buying silver when my children were babies, they are 17/18 years old now. I paid $6.00 per ounce then, today its worth $23.00 per ounce. That is a 380% increase in value, pretty good return if you ask me. Perhaps you should have taken the advice of your patriot friends more seriously.
I am few years from retirement and I would gladly give up half of my 401K to eliminate the Federal Reserve.
The stock market has been pushed into hyperdrive with all the government printing and spending, but all good things come to a end. The trillions being spent by our government is the only thing keeping the stock market alive. How many more trillions can we spend before we go into hyperinflation? (Zimbabwe) Our debt to GDP ratio is already at 120%, no country has ever made it passed the 100% mark without going belly up.
All the printing increases inflation, we all pay more for everything. To stem the inflation rate, the Fed increase interest rates. With increased interest rates fewer people take loans or purchase homes. When people stop buying houses because the interest rate become to expensive, it creates a cascade of market disruptions and rising unemployment. Contractors stop taking loans to build houses, too expensive and not to mention the market is already flooded with homes people can't afford. All the electricians, plumbers, ect, ect become unemployed and the snowball begins rolling down the hill. This puts enormous pressure on the banks, income from interest on loans slides away. That is why the above article says banks are insolvent.
As the international bankers / globalists siphon off the wealth in the USA, it gives them the economic power to continue pushing every country on the planet to third world status.
If you look at the price we pay for everyday products compared to the prices in 1913 when the Federal Reserve took control, yes, the value of our currency has been depreciated many times over.
We are living under what is called a US petrodollar. All countries were forced to use the US dollar when buying oil to eliminate the exchange rate calculations.
Russia and Saudi Arabia are 2 of the top 5 oil producers on the planet. Saudi Arabia just announced it wants to join BRICS. Countries across the planet will not be forced to obtain American dollars to purchase oil in the near future. The prevalence of the US dollar in the world markets will be slowly erased.
China will soon be put back in its place. I have a feeling Trump EO's will confiscate all of China's investments here in the USA. They [participated in the 2020 election fraud and they will pay the price.
When you look at China, put it in to the same perspective as Trump and our current government. I think the same relationship exists between President Xi and the CCP.
In this Q post the question is asked, "What if China, Russia, and others are coordinating w/ POTUS to eliminate the NWO?"
Do you not see the war we are currently in, good vs evil, is all about destroying the group of globalists at the top who wish to enslave the entire planet?
Do you think the USA will sit back and watch 60% of the planet convert to gold backed currency and not become part of that system? First we have to get rid of the Federal reserve. There are so many pieces to this puzzle it is hard to list them all in one post.
I do not hope for some economic collapse that hurt friends who haven't prepared for such. Am I prepared? A little. But, if it collapses, no one knows the real change that'll happen...maybe Bitcoin explodes, maybe silver, maybe a new dollar, or maybe some other currency. NO ONE KNOWS.
I think what would benefit more people is paying debts and being responsible with the money and possessions they have, and give generously.
At the end of the day, I'll stand before God one day and be judged with what he gave me.
Your link is exactly what we want. How do we rid ourselves of the Federal Reserve?
The Federal Reserve is not a federal agency. They are part of a conglomerate of international banks that print money from thin air and charge you interest on it. All of the working class profits are being stripped away in the form of taxes to pay the interest on a currency printed from thin air. Do you not see the problem here? If the Federal Reserve expects to take the top 25% of our GDP to pay interest on a currency it created, we have a problem.
They are pulling billions that could be reinvested into our society, instead it is being accumulated in a foreign bank somewhere, making them rich, making us more poor by the day. Stealing the life out of our country.
Currency should not cost us anything to use. If you earned it, it should be yours.
If we eliminated the size of our overblown government and eliminated the Federal Reserve, we would have no need for federal income taxes. How much extra money would that put in your pocket?
It used to be, tariffs on imports paid for the cost of governments needs. You saw President Trump was taking us in that direction. Well, the above scenario, eliminating federal income taxes is the ultimate goal we are looking for here. We cannot get there if we have a Federal Reserve controlling us and our currency.
The Federal Reserve promised to stabilize the currency and remove the risk of inflation. Guess what, they failed in their contract which means we have the grounds to remove them and create a new currency backed by gold. We will be part of the BRICS system one day when the dollar dies. We have to get through the rough part to get there but it is coming.
PS: I most likely started my journey of discovery before you were born, I don't know how old you are but I'm an old fart.
The continuous reporting of the supposed collapse of the US dollar on GAW is ridiculous.
Back in 1992, when I was a young and impressionable 21-year-old, I attended a patriot meeting where I was advised to go buy rolls of coins because paper dollars were going to crash "very soon". The crash of the US dollar has been supposedly imminent for over 30 years since I've been paying attention.
Where to even start on debunking this absolutely ridiculous farce ...
For starters, the website linked seems shady as hell. You pay them to physically store gold you buy from them? Hey, I've got a bridge to sell you.
You know what would happen tomorrow if the value of the US dollar crashed and suddenly lost half its value?
I'll tell you. BRICS would purposely devalue their own currency to crash even more than 50%.
Imagine you're the "C" in BRICS. Your entire economy is centered around shipping product to the US. Then suddenly, tomorrow, the US is only paying you 1/2 of what it used to pay because its currency was suddenly devalued.
How can the "C" in BRICS export their shitty products to the US for half the value they used to receive?
It's as if nobody who upvotes this drivel has ever heard Trump complain that the "C" in BRICS goes out of their way to crash their own currency for all the economic benefits doing so brings.
The harder someone insists that the dollar is crashing “soon”, the more likely it is they’re trying to sell you something. Which they will gladly take your dollars for even though they’re supposedly going to be worthless.
If the dollar ever does crash (which it may very well do at some point since fiat currencies are inherently unstable), then precious metals are last on the list of things that will be of use. Water, food, medical supplies, and ammo, in that order, will be worth more than their weight in gold then.
What you must take into consideration is the intrinsic value of the currency.
If you are selling a product and what you want is the highest number on a worthless currency, well...I have a game called Monopoly, what are you selling?
Have you ever read about Zimbabwe? They were printing currency in denominations of $100 Trillion Dollars
https://www.investopedia.com/terms/forex/z/zwd-zimbabwe-dollar.asp
Here is a pic of a man going down to buy a loaf of bread, lol.
https://www.nbcnews.com/id/wbna23485844
When the American dollar dies, it will be because nobody wants it. The question you should ask is, why would anyone want to ship their product to the USA if what they get in return is worthless paper that nobody wants?
You have 535 politicians that have a money printing problem and every bill they print, less the value of each bill in your pocket.
Why would any country want to trade their products for a currency that will be depreciated tomorrow? (print, print, print)
If your currency is gold backed, you are only permitted to print currency based on the amount of gold you have in reserve.
When we came off gold backed currency, the price of a dozen eggs went from10 cents a dozen to $4 today.
If we changed to a new currency that had full value, every product price across the planet would have to be adjusted.
Do you think you could demand to be paid in a $20 gold piece when you were previously receiving 2000 pennies in fiat currency?
Here is a $20 gold piece, if you have any, I will trade you 2000 pennies.
https://www.moneymetals.com/twenty-dollar-st-gaudens-us-gold-coin/33
I started buying silver when my children were babies, they are 17/18 years old now. I paid $6.00 per ounce then, today its worth $23.00 per ounce. That is a 380% increase in value, pretty good return if you ask me. Perhaps you should have taken the advice of your patriot friends more seriously.
I am few years from retirement and I would gladly give up half of my 401K to eliminate the Federal Reserve.
The stock market has been pushed into hyperdrive with all the government printing and spending, but all good things come to a end. The trillions being spent by our government is the only thing keeping the stock market alive. How many more trillions can we spend before we go into hyperinflation? (Zimbabwe) Our debt to GDP ratio is already at 120%, no country has ever made it passed the 100% mark without going belly up.
All the printing increases inflation, we all pay more for everything. To stem the inflation rate, the Fed increase interest rates. With increased interest rates fewer people take loans or purchase homes. When people stop buying houses because the interest rate become to expensive, it creates a cascade of market disruptions and rising unemployment. Contractors stop taking loans to build houses, too expensive and not to mention the market is already flooded with homes people can't afford. All the electricians, plumbers, ect, ect become unemployed and the snowball begins rolling down the hill. This puts enormous pressure on the banks, income from interest on loans slides away. That is why the above article says banks are insolvent.
As the international bankers / globalists siphon off the wealth in the USA, it gives them the economic power to continue pushing every country on the planet to third world status.
If you look at the price we pay for everyday products compared to the prices in 1913 when the Federal Reserve took control, yes, the value of our currency has been depreciated many times over.
We are living under what is called a US petrodollar. All countries were forced to use the US dollar when buying oil to eliminate the exchange rate calculations.
Russia and Saudi Arabia are 2 of the top 5 oil producers on the planet. Saudi Arabia just announced it wants to join BRICS. Countries across the planet will not be forced to obtain American dollars to purchase oil in the near future. The prevalence of the US dollar in the world markets will be slowly erased.
China will soon be put back in its place. I have a feeling Trump EO's will confiscate all of China's investments here in the USA. They [participated in the 2020 election fraud and they will pay the price.
When you look at China, put it in to the same perspective as Trump and our current government. I think the same relationship exists between President Xi and the CCP.
In this Q post the question is asked, "What if China, Russia, and others are coordinating w/ POTUS to eliminate the NWO?"
https://qanon.pub/?#140
Here Q says, "Gold shall destroy FED."
https://qanon.pub/?#2619
Do you not see the war we are currently in, good vs evil, is all about destroying the group of globalists at the top who wish to enslave the entire planet?
Do you think the USA will sit back and watch 60% of the planet convert to gold backed currency and not become part of that system? First we have to get rid of the Federal reserve. There are so many pieces to this puzzle it is hard to list them all in one post.
Finally, someone with reason and sense.
I do not hope for some economic collapse that hurt friends who haven't prepared for such. Am I prepared? A little. But, if it collapses, no one knows the real change that'll happen...maybe Bitcoin explodes, maybe silver, maybe a new dollar, or maybe some other currency. NO ONE KNOWS.
I think what would benefit more people is paying debts and being responsible with the money and possessions they have, and give generously.
At the end of the day, I'll stand before God one day and be judged with what he gave me.
Gold is one of the cabals main weapons. The future monetary system is NOT going to be gold or silver.
u/#q2619
Gold is nothing but a state of motion, and can be replicated. The cabal loves Gold because it can be 'printed' at will.
Your link is exactly what we want. How do we rid ourselves of the Federal Reserve?
The Federal Reserve is not a federal agency. They are part of a conglomerate of international banks that print money from thin air and charge you interest on it. All of the working class profits are being stripped away in the form of taxes to pay the interest on a currency printed from thin air. Do you not see the problem here? If the Federal Reserve expects to take the top 25% of our GDP to pay interest on a currency it created, we have a problem.
They are pulling billions that could be reinvested into our society, instead it is being accumulated in a foreign bank somewhere, making them rich, making us more poor by the day. Stealing the life out of our country.
Currency should not cost us anything to use. If you earned it, it should be yours. If we eliminated the size of our overblown government and eliminated the Federal Reserve, we would have no need for federal income taxes. How much extra money would that put in your pocket?
It used to be, tariffs on imports paid for the cost of governments needs. You saw President Trump was taking us in that direction. Well, the above scenario, eliminating federal income taxes is the ultimate goal we are looking for here. We cannot get there if we have a Federal Reserve controlling us and our currency.
The Federal Reserve promised to stabilize the currency and remove the risk of inflation. Guess what, they failed in their contract which means we have the grounds to remove them and create a new currency backed by gold. We will be part of the BRICS system one day when the dollar dies. We have to get through the rough part to get there but it is coming.
PS: I most likely started my journey of discovery before you were born, I don't know how old you are but I'm an old fart.