Pack it up, SorosRothschildBloombergistan is officially fucked.
(finance.yahoo.com)
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well the value of the dollar is definitely going to tank, does anyone think it's going to become worthless? assuming it doesn't get printed into Oblivion, which is kind of a big assumption a I'll grant, wouldn't it just go the way of the Euro or the ruble or the rupee? wearing it gets used locally and for international trades it gets traded for whatever the reserve currency becomes?
What option do leaders have when their currency tanks in value? When they can't feed their populace by borrowing from abroad?
They print.
What's the alternative? Sell blood, sweat, tears and austerity?
Who's gonna buy that, when the competing politicians promises stimmy checks, free this, free that and is willing to print?
Can't you see that the voting population and the battling politicians are engaged in a doom loop that can only lead to total currency devaluation via inflation priting?
Nobody, not voters, not politicians, are willing and ready to do what it takes: to live within one's means.
War resets currency
Worth less, but not worthless