Here Is Why I Think The Dollar Will Collapse... Soon.
Here Is Why I Think The Dollar Will Collapse... Soon. published by The 1st Amender
Writer Rating: 2.4872
Posted on 2018-08-24
Writer Description: Changing the way people think about news.
This writer has written 180 articles.
So I've heard about Ron Paul talking about the dollar collapse. How he thinks there is a bond bubble and it will be bad. I heard it, went in one ear, subsequently right out the other. It was all doomsday scenario blasting doom and gloom. Who likes to spread that around? He's telling me to buy gold and silver. What the heck. Really, how bad is the dollar's situation?
Whenever I endulge myself with a healthy dosage of viewing pleasure on Youtube I like to back it up with my own research. How bad is the dollar? People are talking about this QE1, QE2, QE3, now we're entering into a QE4!
What does all this mean, so confusing. Yet interesting. Time to research. Turns out we have an issue, a big issue with the Federal Reserve. The FED I would like to call it preferrably. When I was finding out what is the current monetary base in the U.S.A. seeing how much money is in circulation I got hit with a brick wall of really how bad it actually is.
The QE1, 2, 3, and 4 are in reference to what the FED does to introduce money into the system. You can see the three quantitative easings (QE) in the graph visibly since 2008. The Federal Reserve is really only supposed to perform quantitative easing when there is rampant deflation. Now in this case we have racked up debts overseas that really cannot be payed off in a realistic way. The dollar amount of interest on the debts alone are so astronomical that we can't even pay the interest, let alone the actual debt.
So what is the FED supposed to do in a financial crisis this huge? It hasn't stopped since 2008. No. It's not Obama's fault. It's not Trump's fault either. These debts were incurred over long periods of time since the 1970s and there hasn't really been much we've done about it except refer to printing money to pay off the interest.
We are now entering into a new QE4. What does that mean for us? Your dollar will certainly buy less stuff. You may have noticed this already as your dollar really only buys about half of what it used to before 2008. THIS IS NOT NORMAL. That inflation is way too high to be considered normal. It will cost more and more money and by the time the off-shore investors realize what is going on, it is only a matter of time before the bubble collapses and we default on our debts. When this happens, the economy will tank into the ground and everyone throughout the world will feel the shockwave.
I am so certain of this because I am not the only one saying this. Ron Paul stated that the dollar will collapse in numerous videos and has been warning about it for some time. What's extra troubling about this is he correctly predicted the market crash of 2008 specifically pointing out the names of Fannie Mae and Freddie Mac in a book which was published by him in 2003! Though Ron Paul has spoken that he is not sure when the collapse will happen, that it has to happen in order for the market to re-regulate itself.
It comes again into the thought we may need to dismantle the FED as it has proven to be a corporate interest that is also a government entity reduce the value of the dollar by slightly over 99% since it's inception. To me, that is a 99% failure of a system that was supposed to protect the value of the dollar, not destroy it.
Ron Paul gave the following resolutions:
- Buy gold.
- Buy silver.
- Buy bitcoin/crypto (though he is not fully in favor of this as this market is extremely volatile)
I expect the dollar to collapse after seeing what I've seen, and it is only a matter of time.
You have the right to stay anonymous in your comments, share at your own discretion.