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22398958 No.22398958 [Reply] [Original]

Is a dollar collapse possible? Why? Why not? Agree? Disagree? What then fren?
https://www.youtube.com/watch?v=KDJCBl45Yzw

>> No.22399035

>>22398958
>Thanks for joining the Junius Maltby Channel!
>Donations and Tips Welcome:
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>tag:
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>teespring
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that's a big yikes for me

>> No.22399723
File: 154 KB, 773x556, kshape.png [View same] [iqdb] [saucenao] [google]
22399723

>>22398958
For anybody that doesn't know what the K shaped recovery is, it's the stock market soaring to all time highs while a 3rd of the country is looking at evictions and foreclosures.

That's because our leadership only knows how to manage the economy by giving rich people money, hoping that they're greedy enough to exploit the cheap labor. Usually that actually works (like it or not), but not when you need workers to stay home.

Since there's a lot of money to invest, but labor has been taken off the table, it can only generate asset bubbles.

But make no mistake about it DEFLATION is coming, with the evictions and forclosures. The dollar will absorb liquidity from global markets and will print and print and print until things are back to normal, after that inflation will accelerate until btc is the top trading pair in the stonk market.

>> No.22399779

>>22399723
What will Safex do to this dynamic?

>> No.22399845

>>22398958
if the dollar collapses, it's not like poohbux, ruskierubles, or europoors are any better

>> No.22399991
File: 1.13 MB, 1652x1039, FLAGS.jpg [View same] [iqdb] [saucenao] [google]
22399991

>>22399779
nothing.
it will die with every other stupid shitcoin, you filthy street shitter.

>> No.22400474

>>22398958
There's nothing to agree or disagree, brainlet. The dollar will collapse in the same way the German Papiermark collapsed, the japanese yen collapsed, the zimbabwean dollar collapsed, the bolivar and every latin america currencies collapsed and every fucking fiat currency inevitably colllapses: due to hiperinflation. Everyone that says the dollar can't collapse is a retard or a delusional burger (implied retard). Nothing lasts forever, especially a global ponzi scheme. Monetary systems usually lasts 30-40 years and the BRICS is the new Bretton Woods, there's no need for the dollar as the reserve currency at all.

>> No.22400577

>>22400474
I agree and believe that’s what his conclusion is in the video. Dollar is done.

>> No.22400659

>>22399723
>>22399991
inexplacibalically based

>> No.22400676

>>22398958
Biggest sell signal I've ever seen

>> No.22400744

>>22400577
Undertand that the fall of the dollar doesn't mean the fall of the American Empire or it's trading supremacy. A war or a disaster would be necessary for them to lose it, especially in the sea trading. Also before hiperinflation comes deflation and the beginning of the 4th industrial revolution as >>22399723 described.

>> No.22400945
File: 588 KB, 726x502, Bitcoin.png [View same] [iqdb] [saucenao] [google]
22400945

>>22400744
bitcoin doesn't take any transparent power away from governments. they still have the army and do whatever the fuck they want. all it does is prevents government from deceiving people. if they want a 15 trillion dollar worth bank rescue package in 2040, they'll have to actually take it from the people directly rather than printing it and sublimating everyone's money.
if they couldn't print the rescue packages in 2008, and everyone saw that they're paying their annual income or more for the banker welfare, the establishment would have been kicked out then and there (all of it, obama/bush/mccain voted for the package) and ron paul would have been elected. we'd have a million times more sane world by now.

>> No.22401258

>>22400945
What BTC has to do with anything I said? But answering you, BTC as a reserve currency would only be possible if it became the central banks currency, in a gold backed system. For that to happen, USA have to lose world hegemony and a new trading system need to emerge, otherwise BTC will always be a parallel experiment and they'll never give away their printing privileges. BRICS, regional coins (EU, NAFTA, mercosul, etc) or a gold shekel system (unlikely) are the possible new monetary systems

>> No.22401347

>>22401258
retard.

>> No.22401395

>>22401347
It's great that you have self-consciousness, brainlet. Learn to read, next time.

>> No.22401408

>>22399723
>Deflation is coming
Nope. They'll skip straight to executive orders, Fedcoin and UBI to bypass the banks.

>> No.22401508

>>22399723
So is cash the better choice now? What about gold?

>> No.22401523

>>22399991
Lmao that pic

>> No.22401579
File: 17 KB, 490x394, dollar-price-chart_1_orig[1].jpg [View same] [iqdb] [saucenao] [google]
22401579

Dollar is collapsing since 1900.
It only has a value because collectively people give value to a piece of paper.

>> No.22401730
File: 1.19 MB, 3264x1836, moneymoneymoney.jpg [View same] [iqdb] [saucenao] [google]
22401730

>>22401508
think about all the stupid debt being thrown around.
They don't owe gold. They owe dollars. But I do think the gold futures market is in for a rude awakening, when they're forced to deliver gold that doesn't exist. We already has a small taste of it in March, which sling shot it to all time highs.

>> No.22401863

>>22401408
>free fedcoin everybody!
nobody's going to work for free money.
they'd have to tax more in fedcoin than they dish out to motivate anybody to earn it.
>>22401579
just compare it to every other currency with a history that long.
1 gbp used to be worth a pound of sterling silver. It's not even worth a pound of tendies today.