It's Over: The Dollar is Now Screwed
Today Marked The END of The Dollar.. Add me on insta @ThisisJohnWilliams
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The US dollar has had it very good for a very long time. We hold the global reserve currency and with this status we are able to print from what it seems, endless amounts of fiat currencies. Other countries around the world would not be able to get away with this as they simply do not have the same level of power that the dollar does through holding reserve currency. We are witnessing hyper inflation and we are likely going to see seven trillion dollars more in fiat currencies printed over the next eighteen months. This will equate to more and more inflation most likely as well as more and more people slipping into poverty. The only solution to this is to raise interest rates to attempt to curb inflation however as they do that debt held by borrowers and consumers will get harder and harder to manage. This is why we will see more economic hardship across millions and millions of Americans.
We are now seeing other countries around the world getting more and more careful about how they are positioned with the dollar. This is not good news especially given that a majority of our initial strength came from holding the gold standard and our oil reserves - all of which are gone.
The future is in Asia and other countries, just ask the richest Americans and the wealthiest people in the planet.
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