Loading ...The USA can no longer tolerate and or afford, a strong dollar policy or the global reserve currency status. Maybe some other country that can afford to, like China should take over that responsibility until a gold backed global reserve currency evolves into place, like things were from 1492 and before to 1913. Things were calm stable honest and reliable. Zero inflation for over 100 years from 1800 to 1913.
The question is what will happen with the so called US Dollar after Trump gets in? Naturally it needs to go down against the other currencies for stimulation here. If they want to RUSH the situation, maybe they’ll have Trump announce “We need an audit of the gold we have in Fort Knox.”. And after that, they find out the Gold bars are filled with tungsten and worthless, other than the thin gold coating.
If the above happens, it would real interesting to see how that unfolds. At the least, the Dollar will go lower against all our trading partners, and we prosper, or…all the paper currencies will collapse against everything, especially the new international REAL money, Gold Silver Copper Nickel and Bronze.
The whole world would be better off after the transition.