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Reason: None provided.

These types of articles are a regular here. "The US dollar is going to collapse!"

No.

It's completely laughable that China devalues their currency on purpose and supposed autists who should know better whine incessantly about the prospect of US currency being devalued.

Why do you think China devalues their currency on purpose?

If tomorrow the Dollar is only worth a quarter of what it was worth vs foreign currencies, you know what will happen?

Does your rent go up? (No.)

Do you make less money from your job? (No.)

Does US manufacturing opportunities skyrocket 1000% because American products are now cheaper abroad? (Yes.)

Do foreigners such as China and any other country who can only survive by dumping their cheap products on the US get screwed? (Yes.)

There are trillions upon trillions of dollars that are loaned in US dollars that need to be repaid in US dollars. The interest on the dollar loans has never been printed or even created as digital blips on a computer, meaning there is a massive shortfall of US dollars that need to be obtained, but do not exist. This creates demand that will ensure that US dollars always remain scarce and therefore valuable.

Dollar collapse is just sky is falling fear porn.

1 year ago
1 score
Reason: Original

These types of articles are a regular here. "The US dollar is going to collapse!"

No.

It's completely laughable that China devalues their currency on purpose and supposed autists who should know better whine incessantly about the prospect of US currency being devalued.

Why do you think China devalues their currency on purpose?

If tomorrow the Dollar is only worth a quarter of what it was worth vs foreign currencies, you know what will happen?

Does your rent go up? (No.)

Do you make less money from your job? (No.)

Does US manufacturing opportunities skyrocket 1000% because American products are now cheaper abroad? (Yes.)

Do foreigners such as China and any other country who can only survive by dumping their cheap products on the US get screwed? (Yes.)

There are trillions upon trillions of dollars that are loaned in US dollars that need to be repaid in US dollars. The interest on the dollar loans has never been printed or even created as digital blips on a computer, meaning there is a massive shortfall of US dollars that need to be obtained, but do not exist. This creates demand that will ensure that US dollars always remain scarce and therefore valuable.

I see you're reading all this on a Q board. Does that mean you believe in Q? (Hopefully.) Well then, the premise of Q is that those who are screwing us by stealing our tax dollars and laundering them abroad are all going to Gitmo relatively soon.

Dollar collapse is just sky is falling fear porn.

1 year ago
1 score