The Fallacy Of The Dollar Crash | |
Anonymous Coward User ID: 26539467 United States 11/01/2012 06:44 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 3978737 United States 11/01/2012 06:52 PM Report Abusive Post Report Copyright Violation | shorting failure works, except against the dollar. Quoting: Anonymous Coward 26539467 Gold/Silver will come out on top and your dollars made for betting against the dollar will be kindling. His point was that the value of gold and silver is based upon the dollar - what is the reference for gold if there is no dollar? It would have to be coined and then it's scarcity would make it impossible to use on a global scale. If the dollar collapses the US government hold 90% of gold. As a real monetary system gold and silver are useless. It has no real value. The things of real value of things you can't even own outright because they are subject to government confiscation - like land. Real value for any human includes only shelter, food, water and safety. |
Anonymous Coward (OP) User ID: 3978737 United States 11/01/2012 09:43 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 24425839 United States 11/04/2012 07:15 PM Report Abusive Post Report Copyright Violation | As you said, the dollar can be devalued or it could be replaced. If one of these things happens, what happens to the "ownership" you currently have in your 401k? We don't own actual stock, our statements just show a value in dollars of what we own in the mutual fund. So, I assume the person would still own their 401k and it will be revalued in the "current" form that replaced dollar. |
Anonymous Coward User ID: 24425839 United States 11/04/2012 07:15 PM Report Abusive Post Report Copyright Violation | As you said, the dollar can be devalued or it could be replaced. If one of these things happens, what happens to the "ownership" you currently have in your 401k? We don't own actual stock, our statements just show a value in dollars of what we own in the mutual fund. So, I assume the person would still own their 401k and it will be revalued in the "current" form that replaced dollar. |
No Dhimmi User ID: 18280111 United States 11/04/2012 07:17 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 19980561 United States 11/04/2012 07:19 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 25140151 United States 11/04/2012 09:59 PM Report Abusive Post Report Copyright Violation | The word "crash" can mean different things to different people. The essential issue, is to understand that a point in time is coming, when the USD will no longer be accepted (by the critical mass) for payment of goods and services. This will likely occur from key foreign suppliers (before it occurs domestically). Truly, there's at least a dozen foreign trade agreements outside of the USD, currently, for this eventuality; all, in - the - ready for "the right time". Therefore, a double whammy will be in play: shortages due to imports collapsing, when more and more people dommestically reject it as well - or demanding more dollars - hence, falling value (again, at the same time that fewer key goods are available). Ultimately, people will "beg" for a solution. As many here know...the solution will be "ready - and - waiting". (Indeed the solution will only be geared toward advancing globalism and further centralized control...with the end game being a global form of payment to facilitate a global governing body.) So, whether a "crash" or not - the end result is the same: namely, one of "forcing" people to no longer "desire" the status quo, in favor of something "better". Problem. Reaction. Solution. Praise God |
Anonymous Coward (OP) User ID: 3978737 United States 11/04/2012 10:54 PM Report Abusive Post Report Copyright Violation | The word "crash" can mean different things to different people. Quoting: Anonymous Coward 25140151 The essential issue, is to understand that a point in time is coming, when the USD will no longer be accepted (by the critical mass) for payment of goods and services. This will likely occur from key foreign suppliers (before it occurs domestically). Truly, there's at least a dozen foreign trade agreements outside of the USD, currently, for this eventuality; all, in - the - ready for "the right time". Therefore, a double whammy will be in play: shortages due to imports collapsing, when more and more people dommestically reject it as well - or demanding more dollars - hence, falling value (again, at the same time that fewer key goods are available). Ultimately, people will "beg" for a solution. As many here know...the solution will be "ready - and - waiting". (Indeed the solution will only be geared toward advancing globalism and further centralized control...with the end game being a global form of payment to facilitate a global governing body.) So, whether a "crash" or not - the end result is the same: namely, one of "forcing" people to no longer "desire" the status quo, in favor of something "better". Problem. Reaction. Solution. Praise God You kind of agree with the article - which basically says that the US dollar is the reserve currency of the world via force. If the people holding that power could get the world to accept a single currency which they also controlled their status would go from a currency enforced via force to one that has been accepted globally. That would maintain their wealth and power while simultaneously giving them the global reserve currency. However, I am pretty sure there are nations that are standing in the way (Iran being one of them). Ergo WW III is more likely than a collapse and a solution being accepted. I think the solution will be rejected. |
Anonymous Coward User ID: 25140151 United States 11/04/2012 11:27 PM Report Abusive Post Report Copyright Violation | The word "crash" can mean different things to different people. Quoting: Anonymous Coward 25140151 The essential issue, is to understand that a point in time is coming, when the USD will no longer be accepted (by the critical mass) for payment of goods and services. This will likely occur from key foreign suppliers (before it occurs domestically). Truly, there's at least a dozen foreign trade agreements outside of the USD, currently, for this eventuality; all, in - the - ready for "the right time". Therefore, a double whammy will be in play: shortages due to imports collapsing, when more and more people dommestically reject it as well - or demanding more dollars - hence, falling value (again, at the same time that fewer key goods are available). Ultimately, people will "beg" for a solution. As many here know...the solution will be "ready - and - waiting". (Indeed the solution will only be geared toward advancing globalism and further centralized control...with the end game being a global form of payment to facilitate a global governing body.) So, whether a "crash" or not - the end result is the same: namely, one of "forcing" people to no longer "desire" the status quo, in favor of something "better". Problem. Reaction. Solution. Praise God You kind of agree with the article - which basically says that the US dollar is the reserve currency of the world via force. If the people holding that power could get the world to accept a single currency which they also controlled their status would go from a currency enforced via force to one that has been accepted globally. That would maintain their wealth and power while simultaneously giving them the global reserve currency. However, I am pretty sure there are nations that are standing in the way (Iran being one of them). Ergo WW III is more likely than a collapse and a solution being accepted. I think the solution will be rejected. Yes...it is the reserve currency via force. Given that a (great percentage of the global GDP), represented by dozens of nations now, have put in force trade settlement (outside the USD), this tells me that, whether there will be division or not, the status quo of the USD-system, has limited days on the earth. I agree the ancient nation of Persia and WW111 are standing in the way (of the "status quo" western system), of the USD - morphing into the global system. But even if that wasn't the case, I think given these other global factions (in the ready now), will be in competition for what system of power actually rises to the top...once the real horror of global war breaks for goal line. Without going into my rationale here...I believe the ancient Hebrew writings tell us that, once this huge war begins from the western alliances, attacking ancient Persia (Iran), after first attacking Media (Irag), "at the time of the end"...then, the western powers' strength is broken. The global rush for the endzone will commence soon after. The global currency will be a necessary component. And within the context of what remains after this war - the "critical mass" (of people) will accept what's broght forth. Praise God |
Anonymous Coward User ID: 26940323 United States 11/04/2012 11:42 PM Report Abusive Post Report Copyright Violation | shorting failure works, except against the dollar. Quoting: Anonymous Coward 26539467 Gold/Silver will come out on top and your dollars made for betting against the dollar will be kindling. His point was that the value of gold and silver is based upon the dollar - what is the reference for gold if there is no dollar? It would have to be coined and then it's scarcity would make it impossible to use on a global scale. If the dollar collapses the US government hold 90% of gold. As a real monetary system gold and silver are useless. It has no real value. The things of real value of things you can't even own outright because they are subject to government confiscation - like land. Real value for any human includes only shelter, food, water and safety. While there is some brilliance in the whole OP, particularly the focus on usury, I prefer to quote this follow-up comment because it succinctly explains a simple truth that many fail to grasp. |
Anonymous Coward (OP) User ID: 3978737 United States 11/05/2012 02:35 AM Report Abusive Post Report Copyright Violation | The word "crash" can mean different things to different people. Quoting: Anonymous Coward 25140151 The essential issue, is to understand that a point in time is coming, when the USD will no longer be accepted (by the critical mass) for payment of goods and services. This will likely occur from key foreign suppliers (before it occurs domestically). Truly, there's at least a dozen foreign trade agreements outside of the USD, currently, for this eventuality; all, in - the - ready for "the right time". Therefore, a double whammy will be in play: shortages due to imports collapsing, when more and more people dommestically reject it as well - or demanding more dollars - hence, falling value (again, at the same time that fewer key goods are available). Ultimately, people will "beg" for a solution. As many here know...the solution will be "ready - and - waiting". (Indeed the solution will only be geared toward advancing globalism and further centralized control...with the end game being a global form of payment to facilitate a global governing body.) So, whether a "crash" or not - the end result is the same: namely, one of "forcing" people to no longer "desire" the status quo, in favor of something "better". Problem. Reaction. Solution. Praise God You kind of agree with the article - which basically says that the US dollar is the reserve currency of the world via force. If the people holding that power could get the world to accept a single currency which they also controlled their status would go from a currency enforced via force to one that has been accepted globally. That would maintain their wealth and power while simultaneously giving them the global reserve currency. However, I am pretty sure there are nations that are standing in the way (Iran being one of them). Ergo WW III is more likely than a collapse and a solution being accepted. I think the solution will be rejected. Yes...it is the reserve currency via force. Given that a (great percentage of the global GDP), represented by dozens of nations now, have put in force trade settlement (outside the USD), this tells me that, whether there will be division or not, the status quo of the USD-system, has limited days on the earth. I agree the ancient nation of Persia and WW111 are standing in the way (of the "status quo" western system), of the USD - morphing into the global system. But even if that wasn't the case, I think given these other global factions (in the ready now), will be in competition for what system of power actually rises to the top...once the real horror of global war breaks for goal line. Without going into my rationale here...I believe the ancient Hebrew writings tell us that, once this huge war begins from the western alliances, attacking ancient Persia (Iran), after first attacking Media (Irag), "at the time of the end"...then, the western powers' strength is broken. The global rush for the endzone will commence soon after. The global currency will be a necessary component. And within the context of what remains after this war - the "critical mass" (of people) will accept what's broght forth. Praise God So then we agree - I say WW III before a global currency could be implemented and you say WW III will result in a global currency. Miniscule difference I guess. |