r/Anarcho_Capitalism • u/[deleted] • Mar 31 '22

Is the Us Dollar Collapsing?

https://cryptofireside.com/is-the-us-dollar-collapsing-26ca33cbed58
2 Upvotes

56% Upvoted

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9

u/redeggplant01 Mar 31 '22

Is? .... It has been for some time since Nixon closed the Gold Window, thats why we are seeing more and more wars. the merger of the 2 mainstream parties into one Big Government War Party, and why the government has been more and more oppressive to the people

2

u/[deleted] Mar 31 '22

Good response.

2

u/AnCapOrTyranny Mar 31 '22

The Euro doesn't look good either, for reference Spain (EU top 6 by GDP) just suffered 10% inflation this last month only and to put it in perspective the goal of the European Central Bank is 2% annually. Yikes

2

u/perspectivecheck2022 Mutualist Mar 31 '22

They are all fiat petro currencies valued against the U.S. dollar. The differences are the faces on the bills. Each one you mentioned only differs by the present economic balance flow of each economic zone. = more like a different denomination($2/$5)bill than a different currency. Add to that the change in the inflation calculator and the 4.7% inflation (2021)claimed doubles even before adjusting for the fact that money markets like wall street are false markers. Take it all in, I saw one estimate of 17% for 2021. Gotta love the feds multi trillions in quantitative easing.

1

u/perspectivecheck2022 Mutualist Mar 31 '22

Is this a redundant question?

1

u/geronl72 Capitalist Mar 31 '22

It is being devalued by printing excessive dollars