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How are y’all preparing for the collapse of the dollar?

Posted on 2/28/21 at 3:12 pm
Posted by Vastmind
B Ara
Member since Sep 2013
5322 posts
Posted on 2/28/21 at 3:12 pm
[quote]The US is facing a dollar collapse by the end of 2021 and an over 50% chance of a double-dip recession, economist Stephen Roach says[/quote

LINK

This article is from September 2020 and you know the current administrations attack on oil and gas and pro China trade policy will only accelerated this.

Im getting ready by buying Bitcoin, silver, gold, food, water, ammo and I’m working on getting a remote peace of land with a cave on it.

I feel like I have to warn you guys so the apocalypse doesn’t sneak up on you.





Posted by OysterPoBoy
City of St. George
Member since Jul 2013
42954 posts
Posted on 2/28/21 at 3:13 pm to
Iraqi dinar.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53076 posts
Posted on 2/28/21 at 3:14 pm to
I loaded up on TP at Costco yesterday. I'm going to be selling it in my driveway for 10k per roll due to hyperinflation.
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
42954 posts
Posted on 2/28/21 at 3:15 pm to
quote:

I’m working on getting a remote peace of land with a cave on it.


That’s actually solid idea. Do you have to walk each property or can you search Zillow by caves?

ETA: Although I guess you could just wait until you feel you need a cave and then go take somebody else’s.
This post was edited on 2/28/21 at 3:17 pm
Posted by McCaigBro69
TigerDroppings Premium Member
Member since Oct 2014
45289 posts
Posted on 2/28/21 at 3:15 pm to
Nothing.

If you are relatively in the know, then you are aware of the massive deposits of gold within the Grand Canyon, which explains the money printer going brrrrr non-stop recently.

We’ll flip back to the gold standard soon enough.
This post was edited on 2/28/21 at 3:16 pm
Posted by texn
Pronouns: Y'All/Y'All's
Member since Nov 2019
4057 posts
Posted on 2/28/21 at 3:16 pm to
Cashing all my dollars in for quarters, dimes and nickels (no pennies...Lincoln was a racist)
Posted by notiger1997
Metairie
Member since May 2009
61275 posts
Posted on 2/28/21 at 3:17 pm to
I'm farting in jars and putting the lids on them.
Posted by Tyga Woods
South Central Jupiter Island, FL
Member since Sep 2016
41388 posts
Posted on 2/28/21 at 3:19 pm to
quote:

peace


*peese
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
135830 posts
Posted on 2/28/21 at 3:19 pm to
quote:

I’m working on getting a remote peace of land with a cave on it.


Did you mean peace of mind or piece of land?
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53076 posts
Posted on 2/28/21 at 3:21 pm to
I don't necessarily disagree with you that all of this money printing will end badly. It's not unwise to protect yourself some. If the dollar ever loses its world reserve currency status - look out.
Posted by BZ504
Texas
Member since Oct 2005
12825 posts
Posted on 2/28/21 at 3:22 pm to
Biden won’t let that happen.
Posted by NIH
Member since Aug 2008
119770 posts
Posted on 2/28/21 at 3:23 pm to
Good to see Republicans care about spending again
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
295750 posts
Posted on 2/28/21 at 3:24 pm to
quote:

Biden won’t let that happen.


Biden probably has the days of the week written on his underwear.
Posted by Uncle Stu
#AlbinoLivesMatter
Member since Aug 2004
33846 posts
Posted on 2/28/21 at 3:25 pm to
quote:

Biden won’t let that happen.


Biden wont know whats happening

He doesnt even know whats happening right this second, much less how a global economy works
Posted by HempHead
Big Sky Country
Member since Mar 2011
56524 posts
Posted on 2/28/21 at 3:27 pm to
Becoming the warlord of the Tennessee Valley.
Posted by tigerfan84
Member since Dec 2003
25872 posts
Posted on 2/28/21 at 3:35 pm to
Color me shocked
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 2/28/21 at 3:36 pm to
With Bitcoin, obviously
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 2/28/21 at 3:37 pm to
quote:


Message
How are y’all preparing for the collapse of the dollar? by NIH
Good to see Republicans care about spending again



Right

Who was the last fiscal conservative we actually had in charge?
Posted by Ross
Member since Oct 2007
47827 posts
Posted on 2/28/21 at 3:39 pm to
quote:

If the dollar ever loses its world reserve currency status - look out.


Our entire banking infrastructure is so fricked it’s not even funny in that situation

But I’m also a guy that thinks cryptos are eventually going to be a viable medium of exchange and the government is going to lose the power of the printing press and the traditional banking model is dying anyway, so...
This post was edited on 2/28/21 at 3:40 pm
Posted by HempHead
Big Sky Country
Member since Mar 2011
56524 posts
Posted on 2/28/21 at 3:40 pm to
quote:

Who was the last fiscal conservative we actually had in charge?



Coolidge, Cleveland, or Jackson.
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