“A currency can only collapse relative to another currency.
Which currency or currencies will the dollar collapse against?
If you can answer that, we can both get rich. “
An excellent point. When the world realized that banks all around the globe had been impacted the flight to safety(US Treasuries) ensued.
When the British Sterling lost it’s position as the world’s reserve currency, the US dollar was in a position to assume that role.
Which country is making the changes needed to stimulate economic recovery? Which country has purchased and stockpiled the most gold, precious metals, and natural resources? Which country makes sure that allowing foreign goods in their country has a positive impact on their capability and economy? Which country has the least debt? Which country holds the debt for other nations?
Those are the countries that might step up. Right now the US dollar stinks, except when compared to all other currencies. I would never count the American economy out, if we can get a Congress and President who are serious about making us strong again, but that is one big IF.
>> “A currency can only collapse relative to another currency.
Which currency or currencies will the dollar collapse against? <<
.
It would be a new “hard” currency from one or more commodity rich nations.
Fiat cannot survive.