The demise of the dollar? Reserve currencies in the era of ‘going big’

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Timmy59

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it's been going on for a long time. probably three presidents really printed the crapola out of the dollar. 45 printed quite allot also but if he would have been given a half a chance in his first term and a second term then maybe just maybe we could have pulled back some. but it is obvious to me that the rino's are sold out also. to me the key is the world reserve status and that is rapidly being eroded by the current leadership who i think are heavily invested in it's demise. a few politicians are set to benefit greatly but most of us will suffer.
We're on the same page bro..
 

retrieverman

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This country has been on a self destructive trajectory for a long time, but it was slowed by Trump. It appears like “the powers that be” are trying to make up for the last 4 years ASAP. It was said earlier that the cities will suffer most, and I think that’s a 100% accurate statement. Just don’t kid yourself though, there’s plenty of rural folks that can’t pour p*ss out of a boot with the instructions on the heel. I’ve probably read too many apocalyptic books, because I genuinely believe there are world power brokers calling the shots on all this crap. They have an agenda, and nothing is going to stop them at this point.
I know cash is losing value every day and am unfortunately holding quite a bit (by my standard), and I really need to get it converted into something “substantial”. On the flip side of the coin, I like having the cash to pay for big ticket items like my daughter’s first car and maybe another tractor.:anyone:
All I owe in the world is on my house in Oklahoma, but I can see the light at the end of the tunnel and could scrape up enough to pay it off if needed. I just don’t know if that’s the best financial move right now.
 

Seadog

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it's been going on for a long time. probably three presidents really printed the crapola out of the dollar. 45 printed quite allot also but if he would have been given a half a chance in his first term and a second term then maybe just maybe we could have pulled back some. but it is obvious to me that the rino's are sold out also. to me the key is the world reserve status and that is rapidly being eroded by the current leadership who i think are heavily invested in it's demise. a few politicians are set to benefit greatly but most of us will suffer.
There is a major problem that people do not think of. It’s a catch 22. You can’t compete and win against someone that is giving out free. That’s been the Democrats MO for decades. It’s the only reason they have any positions of office. If a Democrat is offering something free and a republican says they’re gonna take it it’s political suicide. So they’ve both got into this death spiral of free this free that in order to compete. I am all for raining things in but it won’t happen
 

cowadle

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This country has been on a self destructive trajectory for a long time, but it was slowed by Trump. It appears like “the powers that be” are trying to make up for the last 4 years ASAP. It was said earlier that the cities will suffer most, and I think that’s a 100% accurate statement. Just don’t kid yourself though, there’s plenty of rural folks that can’t pour p*ss out of a boot with the instructions on the heel. I’ve probably read too many apocalyptic books, because I genuinely believe there are world power brokers calling the shots on all this crap. They have an agenda, and nothing is going to stop them at this point.
I know cash is losing value every day and am unfortunately holding quite a bit (by my standard), and I really need to get it converted into something “substantial”. On the flip side of the coin, I like having the cash to pay for big ticket items like my daughter’s first car and maybe another tractor.:anyone:
All I owe in the world is on my house in Oklahoma, but I can see the light at the end of the tunnel and could scrape up enough to pay it off if needed. I just don’t know if that’s the best financial move right now.

it's interesting and understandable that they haven't raised interest rates like happened in the 70's. but being financially independent in my opinion is probably a good thing,but that is just my opinion. converting cash into a commodity that will rise and fall with inflation probably another good idea to just preserve wealth. on the flip side is all of the printing is keeping the stock market alive.
 

ForsakenConservative

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I could be wrong, but I don’t believe there is a great and powerful oz, a star chamber or anything else. Soros (and many like him) is up to no good, no doubt. I think people (like electricity and water) are essentially lazy, taking the path of least resistance. If they can vote for free stuff, they will. The current load of human waste making up our government shows this. Romney (the carpet-bagger slug) was lambasted for referring to 47% being lost-I believe it’s much more, and they’re voting. As was stated earlier, you can’t compete with free. More than half of the electorate has figured out how to maintain the gravy train, and they will continue until the end of the line. Our death spiral is self-inflicted, perhaps inevitable. Ben Franklin summed it up well “......a republic, if you can keep it.”
 

cowadle

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I could be wrong, but I don’t believe there is a great and powerful oz, a star chamber or anything else. Soros (and many like him) is up to no good, no doubt. I think people (like electricity and water) are essentially lazy, taking the path of least resistance. If they can vote for free stuff, they will. The current load of human waste making up our government shows this. Romney (the carpet-bagger slug) was lambasted for referring to 47% being lost-I believe it’s much more, and they’re voting. As was stated earlier, you can’t compete with free. More than half of the electorate has figured out how to maintain the gravy train, and they will continue until the end of the line. Our death spiral is self-inflicted, perhaps inevitable. Ben Franklin summed it up well “......a republic, if you can keep it.”

im not disagreeing with you But. i used to blame allot of crap on idiots and city dwellers and such but after november of 2020 i think that was probably a well crafted roos just to hide the truth and keep us against one another.
 

Seadog

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it's interesting and understandable that they haven't raised interest rates like happened in the 70's. but being financially independent in my opinion is probably a good thing,but that is just my opinion. converting cash into a commodity that will rise and fall with inflation probably another good idea to just preserve wealth. on the flip side is all of the printing is keeping the stock market alive.
Raising interest rates is has an interesting side affect. Raising interest rates will cause property devaluation. The more the quicker. That will be a pickle if they do that. Picture another 2008 happening. So this bubble right now where everything is being artificially inflated it is definitely the perfect time to sell in the event they do raise interest rates
 

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