what exactly would happen if the dollar collapsed? anarchy?
What exactly would happen if the dollar collapsed? anarchy?
Liam Peterson
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William Butler
nesara
Jacob Richardson
Weimar Republik 2.0
Ryan Johnson
The end of the US' domination over the world's financial system.
Parker Moore
America would lose its influence over any place outside of its continent forever.
They force countries to sell oil for dollar only tieing their currency to oil which forces people that want oil to buy dollar which is obviously good for dollar.
if the dollar collapses the oil-states would start selling for whatever they want.
Matthew Brooks
We could go to varg vikernes' house and finally live without any degeneracy
Lucas Rogers
The Federal Reserve Bank is a private entity that controls the dollar. The solution is to return that control to the government. Pic related is how Hitler did it
Benjamin Myers
It would be a cascading collapse on a global scale. The dollar is the reserve currency to a shitload of countries, meaning most central banks around the world would be wrecked completely as well.
Alexander Edwards
>America would lose its influence over any place outside of its continent forever.
Unless they start using direct military force instead of those shenanigans.
The US absolutely is an empire, but it takes a lot of precautions to not appear like one.
Jeremiah Carter
James Ortiz
> Implying there aren't enough people he can't feed already at his house
Evan Mitchell
>hyperinflation = Weimar republic
>Weimar republic = Hitler
CANT WAIT ANY SOONER
Angel Ross
Yeah basically. I can dream that one day we will be free from our kike overlords though can't I?
Jordan Roberts
Nicholas Turner
fucking lel
Some kind of huge crisis/collapse is going to happen regardless. It remains to be seen if we will use it as an opportunity to wrench power away from the private interests controlling our financial institutions or not.
Adam Wright
i doubt the rest of the world would let them do that as they lack the pressure of the dollar to coerce them into doing so.
Without the dollar the EU wouldnt have to kiss their ass anymore.
But who knows, maybe the EU would be retarded enough to support them.
Xavier Campbell
Nope.
Chase Watson
You realize the omnibus bill includes building a wall around israel and turning it into a concentration camp?
Bentley Morales
>what exactly would happen when the dollar collapses? anarchy?
FTFY
Isaiah Reed
id get out of debt really easily if the value of the dollar tanked. Assuming my salary kept tracking with annual inflation (and i didnt get laid off) then If the value of the dollar went down by ten to 100 times I could pay off my mortgage/house/debt in basically a year or less without even trying.
thats why I doubt itll happen. Banks who have a lot of influence over the government arent interested in losing out on that much value.
Luke Wright
I'm definitely not a Trump supporter. Pic related
Blake Parker
Samuel Turner
Dominic Edwards
Nor do I give a shit if there was hacking or not. I know the Obama admin was shit
Jayden Fisher
You're a kike shill.
Aiden Edwards
lynchings of all shit skins
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Lincoln Cooper
Yes I am a kike because kikes don't want people in the government who are in the pockets of Israel
Brayden Reyes
nice joke faggot/
Jace Johnson
I am not left, I am not right, I am not libertarian. I am a national socialist
Brody Hall
>pay loan
>buy $700,000 loaf of bread
pick one
Angel Garcia
You're a jew.
Landon Gonzalez
We’ll find out in a few years user
Colton Sullivan
It would become alot easier to pay back our debt, which is denominated in dollars.
china would be fucked out of many trillions of dollars and a trillion per year for a while, at least in equivalent value today.
the US meanwhile produces everything we need locally, just not everything you want.
Electronic nic nacs from china would be prohibitively expensive.
short version: the world is kinda relying on the USD more than we are at this point, we're largely invested in things that aren't married to the dollar really in any way.
Dominic Adams
Leftists starve to death.
The rest (completely unarmed) can easily be killed, finally !
Those with guns rule the country.
This is what will happen.
Aiden Howard
Just print Trillions of dollars weeeeeee
Ryan Harris
>denominating commodities in a stable currency is for the benefit of the currency printer
would it make you happy if they switched to euro? i assure you a high value currency is kind of a death sentence in today's competitive manufacturing economy.
a 30% dip in currency value would make our manufacturing cheaper than china again.
Nathan Nguyen
the idea came up alot during the last debt ceiling.
if the dollar crashed bellow a certain point im sure we would.
Henry Foster
who cares what the loaf of bread costs as long as my salary keep tracking with inflation i will be able to buy everything just like before.
Nathan Jones
Robert Morales
And wipe millions of peoples savings in a instance. What took generations to build gone overnight.
Brandon Torres
Oh noe, the people could buy more for their money.
THE HORROR.
We must protect the goys from this wealthscenario!
t.retard
Parker Morris
as far as i know Apple is the only organization with a large amount of straight cash stored.
almost everyone is in some kind of investment plan, which hypothetically so long as it wasn't with apple would be just fine.
most people don't have cash at all, they have cash debt and investments.
if you're long term storing cash you're losing value every day regardless of what the government does.
Logan Brooks
the people that control the food will become mega powerful.
Joseph Gutierrez
Dollar can't really collapse. We will beat the breaks off their asses who refuse to use dollars.
Benjamin Peterson
yes, you can definitely buy more chinese garbage with a higher value dollar, no two ways about that.
how's your rent/housing costs lately?
Isaac Wilson
I become filthy rich off my 20k crypto investment.
Nathan Hall
Suddenly my mom with her upside down tomato planter became part of the elite
Matthew Wright
That's some crazy nigger economic theory you got going there. Tell me, how are you going to pay back debt interest by printing more debt?
Bentley Rogers
because the debt is denominated in USD.
if USD was worth 1% of its current value tomorrow than we'd have had a 99% reduction in our debt.
im not saying let's do the shit right now with things going well for us. im just saying it's not like we couldn't find some benefits to the doomsday scenario everyone describes every time some sand nigger talks about dropping the dollar standard.
Ian Bailey
So how do you lower the value of the dollar? Inflation. More money being printed = more debt
Gavin Gray
>Everything i learned about economics i learned from the movie Zeitgeist
Juan Ross
This.
When people say America starts wars "for oil" they are wrong. We fight wars to make sure oil is bought with US dollar.
That is what keeps the US dollar as the reserve currency....because you need it for oil and it has the greatest armed forces ever backing it up.
Henry Reed
Oy vey, the Fed is a good thing.
Daniel Jones
I wouldn't have to pay back my student loans.
Jayden Reyes
no one said that.
adults are talking here, go away.
Parker Ross
Easton Anderson
>switch to the Euro
You're missing the point. Why should there only be ONE currency that oil can be purchased with?
No other restriction exists. Every country uses a currency and you can purchase basically anything with that nation's currency.
Why should Australia have to buy oil from Saudi Arabia using US dollars?
Jordan Campbell
It's like it gets worse the more you keep digging.
My most recent redpills were with the derivatives market and how the Fed functions.
Nicholas Garcia
and with immigration. longish copypasta incoming
The real reason we have immigration is debt. The average person is between 40 and 70k in debt. They can’t take anymore because they can’t meet interest payments if they do. They’re debt saturated. These people can’t drive the economy because they can barely spend any money. What do immigrants not have? Debt. What can you do when an immigrant comes into the country?
You give him loans, goyim. Lots of loans with interest rates he’s too stupid to understand, which he has to pay off. And for each of these immigrants who takes a loan to buy a car, a TV, or a new pair of shoes, you can just magic money out of thin air, straight into your own pocket. And you can count both the loan itself and the items the immigrant buys in your GDP calculations so it makes it look like your GDP is growing.
But this pyramid scheme only works so long as you have a steady inflow of people without debt. Once you slow the immigration down or stop it, the economy slides into recession.
That is the reason why there is rampant immigration.
Sweden is bringing in more immigrants because they are having economic problems, and they are having growing economic problems because they are bringing in more immigrants. There was a point somewhere along the line before this immigration mess, where someone said “But immigration won’t solve this fundamental issue with our banking and economic systems, we’d have to completely change how our economy works” and they were ignored, laughed at, or if they had enough influence to actually change it- killed.
The people benefiting from this don’t care. They don’t care that they will single handedly ruin the nations they’re doing this to. They don’t care that they are destroying entire cultures and the achievements of a race over the past 1000 years.
They’ll destroy it all, all of society, for a lifetime of personal hedonism and debauchery, funded on the suffering of billions.
Nolan Butler
It would be extremely painful.
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Christian Green
>it gets worse
Yes it does.
These UNNATURAL systems had to be put in place by evil people, and they have had to be maintained by evil people.
The deeper you dig, the more you see that "psychic vampires who suck your soul" is actually an astute way of describing it by Alex Jones (who I mostly ignore).
We are talking about people who are happy to hurt billions of people for the benefit of mere thousands
Isaac Cruz
Most countries would have a recession. America would be rekt beyond repair.
Jose Morales
because shitskin currencies fluctuate wildly in price and value every day. Oil purchasing is a constant.
keeping it in dollar, or at very least a stable currency like the pound sterling or yen ensures that the fluctuation in price will be based on value and demand which are already extremely volatile. you'd need a reserve of like 5 different currencies in order to trade.
Alot of the beneficiaries to these transactions aren't even in the specific shitskin country that's pumping the oil, they're in Dubai and Abu Dhabi.
Tyler Hill
Classified documents provided by the whistleblower Edward Snowden show the NSA worked urgently to target Bitcoin users around the world.
The National Security Agency indeed worked urgently to target Bitcoin users around the world — andwielded at least one mysterious source of information to “help track down senders and receivers of Bitcoins,” according to a top-secret passage in an internal NSA report dating to March 2013. The data source appears to have leveraged NSA’s ability to harvest and analyze raw, global internet traffic while also exploiting an unnamedsoftware programthat purported to offer anonymity to users, according to other documents.
commondreams.org
Speaking at a decentralised internet conference, NSA whistleblower Edward Snowden has warned that Bitcoin’s public ledger is a “long-lasting flaw” that has large implications for the overall privacy of the cryptocurrency.
Bitcoin is built on a piece of technology called the blockchain, which is a record of transactions that’s available to view by anyone. It’s also decentralised, meaning that its data is held in multiple locations all around the world, without being in the control of one single organisation.
The public ledger means that it’s actually possible for anyone to view the transactions that are taking place, even if the blockchain doesn’t tell you who each of its digital wallets belongs to.
Snowden believes this could be a godsend for any governments that are looking to outlaw the cryptocurrency. The ability to trace transactions means a law enforcement agency could, in theory, track a Bitcoin transaction that’s gone to a wallet known to be used for illegal activities, and follow the transactions until they end up at an exchange like Coinbase.
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Nathan Cook
It is replaceable. The global banks can introduce a new "currency" that is of course fiat but they will proclaim it to be the new savior of the world. They ask all the goyim to just have faith. The dollar cannot fail due to the FED and government and military all in bed together. It is more like tv drama show, the dollar will fail to shake things to give the illusion of progress of a failed system, only to reintroduce the same garbage fiat currency that humans don't need to feed themselves, but are forced to fight over due to limited resource monopolies.
Michael Williams
I doubt you understand how the economy works.
Printing trillions of dollars won't help you in any way. It will only cause hyperinflation.
The collapse of dollar is already planned. That's why china's yuan is in IMFs SDR basket.
Noah Diaz
The government will say the inflation is at 2%, real life inflation will be 102% and your employer will increase your competitive salary by 2.5%. See? You're beating inflation :^)
Jonathan Phillips
Economics is a conspiracy theory, O.P. There is no way to give it any credibility in an era where any "economics" who states the obvious, that "every dark-skinned country is poor, while every white country is a rich country" loses his job.
So it's impossible to answer your question using any so-called economics theories, being no better than any prognostication.
Connor Adams
>The dollar cannot fail due to the FED and government and military all in bed together.
Wrong. The dollar can fail and will fail. Trumps trade war shenanigans is part of the plan. The only reason why (((they))) haven't collapsed it yet is because people still have guns.
Mr. Hogg is trying to get rid of the guns like a good goy which will pave the way for martial law in the US.
Carter Phillips
Neoliberalism was a mistake.
Evan Ortiz
I only accept gold as payment. I suggest you do the same.
Isaac Jenkins
this conversation got circular as hell.
It was already established that we were talking about an instance where the USD has plummeted in value worse than the deutschmark.
Essentially we were approaching the doomsday scenario that RT pushes every time we upset a middle eastern country.
Oil stops trading in dollar and the dollar's value is annihilated as a result, though i don't think that's what would happen, for the sake of the conversation i assumed it would.
Josiah Lee
More like "snake oil," you economics conspiracy theorist.
Kayden Anderson
Economics is a conspiracy theory, O.P. There is no way to give it any credibility in an era where any "economist" who states the obvious, that "every dark-skinned country is poor, while every white country is a rich country" loses his job.
So it's impossible to answer your question using any so-called economics theories, being no better than any prognostication.
Ryan Sanchez
there's no conspiracy in literally any of my posts, i was entertaining the hypothetical instance that the USD found itself totally worthless tomorrow, and the silver lining there would be for us.
My point being that while clearly not a desired outcome, the US would survive even if its currency did not.
Tyler Campbell
Jews would shrivel up and croak.
Jace Lewis
Dollar will not collapse. It's lower-teir currencies that collapse. South African rand. Zimbabwe dollar. Yugoslavia dollar. Ukraine dollare etc etc etc. They need gold, they need to worry about currency collapse not US dollar holders. You worrying about the wrong thing nigger
Elijah Brooks
Thank god
Daniel Adams
They also force country to sell their gold reserve to buy $.
Should i invest in french gold coins ? it's 900/1000 pure gold .
10 francs worthing 115€ 3.23g brut
20 francs worthing 210€ 6.45g brut.
i can't find anything better ont he market here ... out thoses coins and union latin one, like all european coins with 6.45g 900/1000 pure gold.
like a brand new 1gr shitty mapple leaf coins is 70€ ...
even the little 1gr stamp are fucking sold to 50€ there.
Charles Torres
Jews have tons of gold negro, your comment is uneducated.
Justin King
And remember that bitcoin has beat the crap out of gold and everything else for the last ten years, before you worry about gold Pierre. France not going to collapse
David Jackson
Has people will stop to trust your baboon money as bitcoin.... it will bankrupt faster than anything else.
Jacob Clark
An-archy means no-master
Doesn't mean chaos
State means chaos
And the dollars and all currency are pure fraud. Period.
I dont care for your ignorance if you ever think different its because you actually dont think.
Not only to OP but to all tards