Americans are fortunate that the dollar is the world’s reserve currency. This morning, I marveled at how much groceries I bought for $35.00. Hell, a 12 ounce store brand container of instant coffee at Walmart cost little over $3.00; that equates to 180 cups. I thought I was robbing the place. Contrast that to the socialist paradise of Venezuela where powdered milk and toilet paper is considered a luxury item. Libtards have no idea how lucky they are to live in a capitalist country.
However, we’re not immune to the laws of economics. We have a village filled with idiots who believe trillion dollar deficits and unfunded liabilities are inconsequential. These modern day robber barons have a monopoly on the U.S. treasury where the printing presses spew out dollars as though it were a ticker tape parade. It’s a non-stop Christmas party in Washington D.C.
Eventually, this party is coming to a halt because a slanty-eyed Grinch is eyeballing our holiday ham. China, and other totalitarian regimes, know our Achilles heel. One of the reasons the dollar is the world’s reserve currency is because the price of oil is pegged to this commodity. If our enemies are able to supply an alternative, Americans would be financially crippled. Here is an excerpt from SHTPplan.com:
The greenback will get weaker, as soon as other nations have a real credible alternative to it, Ann Lee, Adjunct Professor of Economics and Finance at New York University and author of the book “What the US Can Learn From China,” told RT. Lee also says this is a “game changer” for the US. “It is more of a game changer for the US. As soon as other nations have a real credible alternative to the US dollar, they can dump dollars and switch to the yuan which can spark a dollar crisis. If that happens, not only will there be inflation from the tariffs, but also from the flood of dollars,” said Lee.
Peter Schiff, a financial guru who predicted the 2008 recession, also said that the dollar will collapse. And when it does, things won’t look optimistic for those who use dollars. Although Schiff holds firm that the consequence of the Federal Reserve manipulating the economy will be the crash of the dollar, the Chinese petro-yuan could also play a role.
When that happens, the party’s over.
However, we’re not immune to the laws of economics. We have a village filled with idiots who believe trillion dollar deficits and unfunded liabilities are inconsequential. These modern day robber barons have a monopoly on the U.S. treasury where the printing presses spew out dollars as though it were a ticker tape parade. It’s a non-stop Christmas party in Washington D.C.
Eventually, this party is coming to a halt because a slanty-eyed Grinch is eyeballing our holiday ham. China, and other totalitarian regimes, know our Achilles heel. One of the reasons the dollar is the world’s reserve currency is because the price of oil is pegged to this commodity. If our enemies are able to supply an alternative, Americans would be financially crippled. Here is an excerpt from SHTPplan.com:
The greenback will get weaker, as soon as other nations have a real credible alternative to it, Ann Lee, Adjunct Professor of Economics and Finance at New York University and author of the book “What the US Can Learn From China,” told RT. Lee also says this is a “game changer” for the US. “It is more of a game changer for the US. As soon as other nations have a real credible alternative to the US dollar, they can dump dollars and switch to the yuan which can spark a dollar crisis. If that happens, not only will there be inflation from the tariffs, but also from the flood of dollars,” said Lee.
Peter Schiff, a financial guru who predicted the 2008 recession, also said that the dollar will collapse. And when it does, things won’t look optimistic for those who use dollars. Although Schiff holds firm that the consequence of the Federal Reserve manipulating the economy will be the crash of the dollar, the Chinese petro-yuan could also play a role.
When that happens, the party’s over.
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