What happens when the US dollar collapses?

[Denny]

The dollar won't go anywhere until there is an alternative.

Right. Revalued for exchange (at the advantage of central banks, of course).

[sc281]

I'd rather have the zombie apocalypse...

[Denny]

I'd rather have the zombie apocalypse...

That's no lie!

[jayjohnson600]

What's interesting, is that fiat currencies generally last about 40 years.

1913 Creation of Federal Reserve system

1945 Bretton-Woods

1975 Petro-Dollar

The petro-dollar was instituted in the 1970's after the collapse of Bretton-Woods agreement. So, the current dollar demise is right on time, so to speak.

The collapse of the dollar( and/or petro-dollar) is already under way, with nations trading oil and gold outside of the dollar. They are moving away from using the US Dollar as a reserve currency. Foreign nations have significantly slowed their dollar purchases. The Federal Reserve inflating the dollar like it's going out of style. Pun intended.

Consider getting an allocation that is outside of dollar denomination, or even better, get an allocation that will benefit from dollar collapse. Don't go too heavy in this allocation, because what has been the case historically, is that the allocation will rise in multiples when the currency takes a dump.

[LANTIRN]

What's interesting, is that fiat currencies generally last about 40 years.

1913 Creation of Federal Reserve system

1945 Bretton-Woods

1975 Petro-Dollar

The petro-dollar was instituted in the 1970's after the collapse of Bretton-Woods agreement. So, the current dollar demise is right on time, so to speak.

The collapse of the dollar( and/or petro-dollar) is already under way, with nations trading oil and gold outside of the dollar. They are moving away from using the US Dollar as a reserve currency. Foreign nations have significantly slowed their dollar purchases. The Federal Reserve inflating the dollar like it's going out of style. Pun intended.

Consider getting an allocation that is outside of dollar denomination, or even better, get an allocation that will benefit from dollar collapse. Don't go too heavy in this allocation, because what has been the case historically, is that the allocation will rise in multiples when the currency takes a dump.

Now that made me laugh.

[Denny]

We've already passed the 40 year mark being fiat, so were on borrowed time, huh?

[Sean88gt]

We've already passed the 40 year mark being fiat, so were on borrowed time, huh?

We're borrowing from future generations!!

And I agree on the zombie apocalypse. In theory, it would last less than 6 months and we could start rebuilding.

[Denny]

The zombies would eat the free-loading hood rats, which saves on ammo in the long run.

At least zombies are willing to work to get their next meal.

[Craizie]

DFWM rape and pillage party when the shit goes down?

We need to set some ground rules though... Like no raping and pillaging each other.

[LANTIRN]

DFWM rape and pillage party when the shit goes down?

We need to set some ground rules though... Like no raping and pillaging each other.

I am on board for the no pllaging each other...

[inline 6]

The zombies would eat the free-loading hood rats, which saves on ammo in the long run.

At least zombies are willing to work to get their next meal.

Damn, zombies have more work ethic than hood rats.

[Denny]

Damn, zombies have more work ethic than hood rats.

Just can't trust either one.

[talisman]

DFWM rape and pillage party when the shit goes down?

We need to set some ground rules though... Like no raping and pillaging each other.

Fuck that shit. Elvis is getting raped.

[Craizie]

I am on board for the no pllaging each other...

No rape was also a stipulation... Butt fuck it, you're in.

[Denny]

No rape was also a stipulation... Butt fuck it, you're in.

Orly?