“Death of the Dollar?” Not Yet!

A recurring theme we hear from the masses is about the death of the dollar.

To that we simply say, “Not Yet!”

However, the dollar will eventually lose it’s world reserve currency status.

But that won’t happen until after it continues to soar to unimaginable heights…destroying all other currencies in it’s path.

Wait! What?

READ: Dollar Surge Returns…With a Vengeance   October 4, 2022  (HERE)

READ: The Dollar is Not Dead  May 16, 2018

The sad truth is that most people don’t understand currency and how it works around the world.

And they tend to forget how the American consumer is still the #1 market in the world.

Period.

So, to price things in some alternative currency – like an alleged New BRICS currency – would undermine the economies of Brazil Russia, India, China, and South Africa.

And that’s basically what happened to the EURO.

It was highly touted as the currency that would replace the dollar.

So, how has that worked out so far?

The Euro has failed miserably.

And it was because it was intended to create the “United States” of Europe.

But the problem with that was how each member state surrendered it’s culture and autonomy under the idea being the elimination of European war.

Ironically (or NOT) most people don’t realize that creating the EURO was never submitted to the German people to decide.

And that’s because Helmut Kohl, Germany’s former Chancellor, admitted that he acted like a dictator to create the EURO.

It Spelled Death to the Dollar

As a result, the creation of the EURO was heralded as the “Death to the Dollar.”

And although it took decades of preparation, the EURO was officially launched on January 1, 1999.

So, 23+ years later it’s still an inferior currency that will most likely see its demise over the next 5-6 years.

In the meantime, Goldbugs, Digital Currency Zealots, and BRICS advocates will continue to cry that the Dollar is Dead.

However, history shows that when empires fall, it takes a lot longer for their currency to collapse then its detractors would like.

And in the process our dollar will rise to unimaginable heights…while destroying emerging market currencies like a tsunami.

Bottom line???

China will eventually take over the World Reserve Currency status.

But…and this is a very Big Butt…

It won’t happen until their bond market becomes big enough to support the multi-trillion-dollar daily trading that’s necessary to provide liquidity.

The timeline???

Most likely it will happen by 2030…or 2029.

In the meantime, be sure to learn how to prepare AND prosper for the inevitable transition of currencies (HERE).

Share this with a friend…especially if they believe the dollar will die soon.

They’ll thank YOU later.

We’re Not Just About Finance

But we use our 113+ combined years of experience in the Financial World to give you hope AND expose corruption ‘Behind the Curtain.’

*************************