Who is going to pay for it.. I would run away from dollar if I were you.
10 replies (most recent on top)
The dollar lost it's significance as a concrete measure years ago when we went off the gold standard. It's all relative, now. In discounted dollars, we're doing great compared to the Reagan years that everyone seems to f***in' nostalgic about in the Republican Party.
Bottlecaps
20 trillion in global debt is at negative yields. What could possib-lie go wrong. Move along, not a bubble no way. Don't dare suggest interest rates are supposed to be positive. This time is different.
Diversify in couple of currencies.. May be Hong Kong dollars or Austalian dollar
Oh, gee. Toys and crap for X-mas from Walmart will cost an extra $2 this year.
@Anonymous190045 / bitterlandlord is actually right about USD. doesn't mean the market as a whole won't be taken down a notch by continued collapse in China.
+1
USA #1
Fvcking dumbass US Dollar doomsayers are a laughing stock right now.
First there was those that were staying out the USD was going to collapse, and suggesting changing the reserve currency to the Euro. HAHAHAHAHAHA, how did that work out for those of you that bought Euros????????
And then there was the idiots that suggested that China's RMB should be used as a reserve currency...HAHAHAHAHAHA.. How many trillions were wiped out recently on China's equity markets pop???????
The USD will be the reserve currency for a long time. Out of all the other financial systems in the world, the US is still the most stable. Most of the outstand debt is owned internally to Social Security/etc versus foreign owners...And yet doomsayers still say, the USD is going to collapse.
How's that Gold and Silver that you bought after listening to glen beck during peak prices working out for you too? HAHAHAHAHA
What currency do you suggest, bitcoin? ... please enlighten us.