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Hi there, is the dollar really at risk of collapse?
Just found this article... It explains a little bit about what I was talking about.
http://theeconomiccollapseblog.com/archives/shocking-new-imf-report-the-u-s-dollar-needs-to-be-replaced-as-the-world-reserve-currency-and-that-sdrs-could-constitute-an-embryo-of-global-currency
Joshua David
What's a dollar?
Lemme see, I used to know what a dollar was....
A convenient substitute for REAL money - gold and silver. Which the united States has none of, by the way.
Once upon a time metal was the ONLY currency. Still is, as a matter of fact. American paper money is a fake. There is nothing whatsoever to back it up, yet the planet uses it as a basis of international exchange.
The article shared above is one of many I've read, all giving very lucid assertions about which currency would be used instead of the $.
Which one should we use? hmmmm
The Euro? The Euro is already washed up. Several nations in the union are making big noises about parting ways with the unified currency. How long will Germany put up with the spendthrift ways of Greece? Will uncle Sam come to Greece's rescue and further deflate the dollar?
Where else shall we look, the yen? Japan's economy was shakey before the earthquake, tsunami and meltdown. The yen is out.
The yuan - Chinese money? That government is artificially suppressing it's value in order to compete more heavily in the international market. Other nations, including America, have been whining about this policy for years. Despite its appearance of financial strength the yuan is not ready to assume the task of global leadership. I did a Google search on yuan and it said, "do you mean yen?". Maybe Google knows something the rest of us don't.
Bottom line is that it's the dollar or nothing and if our government continues to play the fool with over spending it's likely to be nothing quicker than many realize.
When (not if) that happens, the only two options any of us will have for exchange will be either barter or the ancient hard currency of gold or silver.
On that day, everyone will ask the same question.
What's a dollar?
I'm no expert by any means.
There are some that say they're trying to devalue the dollar to cause an economic collapse so we can move to the "NWO". They use an example of how the state of Texas was moved into financial collapse in order to bring it into a union state.
There is also a "devaluing" of the dollar that supposed to help out the national debt. So, the dollar is devalued.
Most of what you hear about the collapse of the dollar is just rumors and fear mongoring by conspiracy theorists. Regardless of all of that, there's still many countries that depend on the US dollar, and believe it or not this includes Europe.
Compared to monies around alot of the world, Europe especially, our money is devaluing while theirs is increasing.
So, as a High risk of the US dollar being worth nothing,,,, IMHO, no.
So.....was going off the gold standard a mistake?
devaluing the dollar doesn't just happen. The fed does it to encourages trade, which theoretically increases jobs.
Inflation is not a true Christan way nor is the way we do banking is it ? that all comes from some other mob of vipers.
I think that we all may pay for disobeying the Lords laws.
I think some are looking on having a big joke at how foolish the goy are and the thing is we deserve it for being such idiot's and stupid short sighted dim wit fools.
Our schooling system is a sick joke as it creates fools. the most important thing to learn is about our lord Jesus and abiding in him as our foundations and then we can't go wrong.
Funny how people boast they have won the war but don't even realise they are loosing the battle.
devaluing the dollar doesn't just happen. The fed does it to encourages trade, which theoretically increases jobs.