Given what is happening with BRICS (nations dropping the USD in favor of other currencies) the dollar is losing global reserve currency status. Supposedly this dropping of the USD can also lead to hyperinflation. Due to interest rate hikes there can also be an obliteration of retirement funds/stocks. Supposedly all this can happen at anytime.

To me it sounds like Katya level conspiracy theory bs to suggest this will happen within a decade. Do you have any intelligent opinions on the matter?

Dude what?

Im gonna collapse your anus.

Invest in Gold and Butter

i invest in butter with gold flakes. check mate jews

I've been cutting coins for years I'll be OK

France is the Euro nation leading the charge to de-dollarize. They've already started making payments in Yuan....



Secretary of State Antony Blinkin went all the way to Beijing to personally tell Xi that the US doesn't view Taiwan as independent... basically admitting the US won't do jack sh/t to help Taiwan. Once China takes Taiwan, they'll have a chokehold on the semiconductor industry, and it's Game Over for the West....


The Golden Bull just keeps on winning.....

Isn't the dollar index at close to 52 week highs right now lol? You shouldn't hold excess cash because it's a stupid investment in general (monetize your dollars by investing in companies who generate cash in all sorts of currencies and will grow their stockpile if people have to pay more money for their goods via inflation), but I think all these doomsday people forget that the US is still doing way better and is still more favorable from an investment perspective than pretty much every other country in the world. Inflation here is whack, but it's even worse in places like Britain, etc.

Yea exactly the dollar is strong right now but if you're interested, there's this guy on another forum that I lurk which had me thinking. My money is invested in the markets and savings accounts.

Read Post #150 from AAAgent and his subsequent posts. He claims the dollar is hanging on by a thread and that it may only last another few months or a year.

https://www.sosuave.net/forum/thread....278202/page-8

The deep state is intentionally destroying the dollar since it’ll allow them to force a digital currency. It’s all part of their plan, and the only thing you can do to prepare is buy more guns and ammo. The government has stolen gold from citizens in the past, and I’m sure they’d happily do it again

I'll take a look, but I can already tell he's talking about apocalyptic scenarios and stuff like that. Things like declining birth rates, etc. are definitely an issue, but it's not a problem unique to the US. Further, he's talking about being on the brink of hyperinflation, etc. and that's just not true. Inflation and the economy is slowing down a lot, especially as the Fed keeps on increasing rates, and we're nowhere near 50% a month (the commonly accepted definition of hyperinflation).

Here are some facts: If you zoom out, a broad index fund is virtually a straight line up for decades on end. It has bumps and bruises along the way, but if you keep investing regularly and don't panic sell, you'll more than make up for any inflation. There's always going to be naysayers and doomsday predictions because negativity sells and telling people to just STFU and DCA into a diversified index fund isn't as sexy as headlines that say, "DOLLAR ABOUT TO COLLAPSE, SHORT EVERYTHING AND LOAD UP ON GUNS AND GOLD" or "HERE'S THIS ONE SIMPLE TRICK THAT WALL STREET DOESN'T WANT YOU TO KNOW!".

So idk man. From the little I've seen from that guy, it's not anything new that hasn't been said for over a decade now and that's despite the fact that there's been crazy advances in technology and otherwise. You should've read the posts from all these same characters during the '08 crisis and during Corona. I listened during '08 and missed out on a run-up, but thankfully I didn't make the same mistake twice and made out like a bandit during the COVID fearmongering.

Invest in prostitution

The US is aggressively investing in establishing semiconductor facilities in the US. There should be a large US production of semiconductors within the next few years once those projects are complete. (Ded fkn Srs)

Not really, because all the countries are hyperinflating together..... except maybe singapore lol.

MarioMiami loves him.

No. While the US is losing reserve currency we also have demonetization happening (a shrink in the M2 money supply). It will accelerate as student loans have to be paid back, which has been a 3+ year stimulus. Fingers crossed the kunts in the federal govt don't go wild with more stimulus when a recession is official. The British pound used to be the reserve currency of the world. While they had some short term shocks a few decades after losing reserve status to the USD the pound ended up okay.

Plus there are dozens of countries around the world with high inflation right now, which makes the dollar still attractive. As far as BRICS goes everyone knows China manipulates the yuan, so that's a problem for success of a joint currency alternative. And right now China is in recession. They'll lie and report their GDP growth is just slowed because the CCP lies about everything, but it's recession. Economic measures by third parties show that's absolutely the case. They tried cutting lending rates a bit but that hasn't worked, so they're likely to do more. More building things that literally are never to rarely used, etc. They'll have to inflate their currency in the process and that's a problem if the USD isn't inflated at the same time. Also keep in mind Evergrande and their other real estate developers who are in bankruptcy or near it haven't been resolved. As the major player in a BRICS alternative currency to the USD China's internal issue will keep it weak. Who else, Brazil? Total basketcase.

It' possible to likely still that the USD may weaken, but collapse? Nah.

Nothing lasts forever and with the push for a single digital global currency, yea it’s eventually going to collapse.

Empty promises

Too much cope to get into

First of all America is in double digit inflation. The real inflation. What’s ur real unemployement? U don’t account for people no longer looking for jobs remember. Guys like kormo and the entire demographic of astronauts r not unemployed in ur stats lmfao. America is already in recession for 2 years. Depression currently


Brics has all the production and natural resources needed to be self sustainable


In other words they no longer need USA CAnada and the EU


Immediately USA become minor players

BRICS alone won't cause the US dollar to collapse. But it will cause the US to go into a state of hyperinflation. This will cause the dollar to become at its weakest point ever. That will cause a chain reaction to the countries that are backed by the US dollar to make a deal with a country who's currency is strong enough; those countries that are strong enough will eventually switch to a completely digital type of currency.

U know how a collapse happens?

America is over-extended. Once the dollar loses value. How many businesses holding on by a thread will close? How many banks will fail?


Mass bailouts for the unemployed and banks just as the dollar undergoes hyper inflation


It’s a doubled ended dildo going into the mouth and ass at the same time

Why would BRICS cause hyperinflation? This does not make sense to me.

Let's say that in the USA there is $10T of USD in circulation. Let's say that in all other countries there is $5T of USD in circulation.

In 5 years let's say that all $5T in foreign countries is abandoned and that money comes back to the USA. There is now $15T of USD in circulation in the USA.

Do you mean to say that because the money supply in the USA itself has increased by 50% (from $10T -> $15T), that will cause currency devaluation to the point of hyperinflation?

Otherwise, what difference does it make if $10T is in the USA and $5T is elsewhere, vs $15T being in the USA?

Unless the number in reality is more like $10T in the USA and $100T elsewhere, then if all that $100T is abandoned that will really devalue our currency?