I don't think the US dollar can be separated from the rest of the world's fiat currencies. A collapse in the US dollar will result in a global event, as all currencies are part of the big fiat ponzi scheme involving ever increasing debt.
That's not to say there can't be some jockeying amongst the various fiat currencies.
If the US wants a relatively strong dollar, somebody has to pay, and that is the people through higher interest rates and higher unemployment.
If the US keeps on the present course of low interest rates, the people will pay because of higher costs for imported goods and commodities due to a weak dollar.
Its heads or tails, and the people lose in either case.
Equilibrium will be achieved by an ongoing gradual lower standard of living. Unfortunately, the mountain of debt will never be repaid. |
