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.
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.