The dollar WILL NOT COLLAPSE.
It will probably erode away.
If you have a small or undiversified economy, your currency can collapse overnite, like the world trade center.
If you are really big like the US, your currency can slowly erode away like a mountain, but it won’t do the overnite belly up like some small countries like Iceland.
That makes sense. I hope you are right!
One implication is that one might do well to invest elsewhere, buying on dips. I've read that there is more leverage investing in gold miners, than in gold itself. But one can invest in mining generally: gold, silver, copper, etc. One can even invest in commodities generally. One can also invest in foreign stocks and bonds. These are all bets against the dollar.
Why bet against the dollar? Because of the massive debt put in place by Obama and the Democrats. As things stand, it seems we will have a sly defaulting on the debt through future inflation. As an alternative, it is conceivable that we could grow our way out of this problem. But the Democratic policies are not growth policies; they are contraction policies.