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Death of The Dollar Eminent
As a patriotic American, this is the kind of post that pains me to make. But unlike the Democrats and their make believe gender identity fairy tales that pretend biology isn't real, I can't simply choose to alter the laws of economics and tell you something that isn't so. The truth is that based on things that have been set into motion right now, the US dollar will go to zero value very soon, and the Russian Ruble will emerge as a dominant, commodity-backed world currency.
There is no other rational conclusion. Anyone who is honest and who understands finance and the history of our fraudulent Fiat Monetary System that was foisted onto Americans in 1933, would reach the same conclusion.
See, the US is now characterized by a decadent, collapsing culture, insane levels of unbacked, unredeemable (conterfeit) money printing and shocking inflation rates that are going to lead to food riots before the end of 2022. We may also see fuel rationing, food price controls, food rationing and similar actions that smack of economic authoritarianism. (The US also now features extreme censorship, political prisoners and a broken justice system that sets murderers free if they murdered conservatives or Trump supporters.)
While the dollar is backed by nothing other than a collapsing society of lunatics and actual idiots -- just look at Joe Biden, Kamala Harris and the new SCOTUS nominee (Jackson) for recent examples of Idiocracy come to life -- the Russian Ruble is suddenly backed by hydrocarbons. That's because Russia is now demanding payment in Rubles for natural gas sales to most countries.
The era of the so-called "petrodollar" is quickly giving way to the "Hydro-Carbon-Ruble." Yes, the Hydro-Carbon-Ruble. That's the ruble backed by hydrocarbons in natural gas. These hydrocarbons not only run Europe's cities and industries, they are also used to create nitrogen-based fertilizers that literally feed about half the world population. Every nation on Earth needs hydrocarbons. If you don't get them, your economies collapse and your people starve.
The US dollar, on the other hand, is backed by nothing but idiocy and incompetence. The US is in such dire financial straights that the US central bank just stole around $300 billion in Russia's "reserves," thereby defaulting on what the central bank owes to foreign nations.
Yes, the central bank of the United States of America just defaulted.
Russia, meanwhile, is sitting on 30% of the world's natural resources. Those resources include natural gas, oil, minerals and reliable food crops. Russia owns more natural resources than any other nation in the world, including China and the USA.
The fiat currencies of the world are going to collapse to zero. This has already been set in motion. There is no stopping it. The government of California is already hoping to hand out stimulus money to help people pay for the rising cost of gasoline and diesel fuel. This is, in effect, printing more money to help cover the costs of inflation caused by printing more money.
This will rapidly spiral into hyperinflation. It is very likely that the US dollar will be losing something on the order of 10% per month before the end of 2023. By the end of 2024, we might be in full-blown Venezuela hyperinflation territory. If the US dollar survives to the year 2027 without a total collapse, it will be nothing short of a miracle.
Cleverly, Russia has tied its currency to hydrocarbons. And since there is inherit, global demand for hydrocarbons, the Russian ruble will always have demand. The dollar, backed by nothing, will be sold off everywhere, right alongside US Treasury debt, since all Treasury debt is based on the dollar itself, which is collapsing.
The end result will be extreme poverty for most Americans, driving the USA into civil unrest, chaos and extreme political upheaval.
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