Are tens of millions of Americans about to experience devaluation of the dollar?

Personally.... I believe that there are signs that President Trump wishes to shift the trend around.......
This image is from an article written in 1996 but the trend continues.





This hockey stick shaped graph for the national debt of the USA could not have taken place if Canada's P. M. Pierre E. Trudeau had not been pressured into making a colossal error in 1974 that cause our national debt to go essentially the same way.



Obviously if the intelligent policies used in Canada from 1940 - 1974 had not been abandoned......... analysts in America would have used the Canadian example to show that something was wrong in the USA but........
P. M. Pierre E. Trudeau gave in to pressure to abandon an excellent policy..... .and our national debt spiralled since then.

https://www.michaeljournal.org/articles/social-credit/item/the-public-debt-problem?/plenty34.htm
The Public-Debt Problem

 

On the surface..... it seems to look like the USA dollar is in need of Emergency Care.......
but I really think that what transpires over the upcoming months and years will be surprisingly positive..........

http://www.politicalforum.com/index...ser-or-m-p-bill-casey.539570/#post-1069493783

PROPHECY! Wealth Transfer in 2017 for the People of God, Pastor John Kilpatrick II VFNtv II

 

Without me hating it's funny how Americans always think they're the special and protected ones and trouble will never come to them. They're gonna get zucced really soon.

 

Near death experiencers are being shown that the most important actions in the transition over to a Utopian world......... will emerge out of Russia...... not America.




Out of Russia comes hope, Edgar Cayce and Bob Jones

And personally...... my expectations for the Christian church....... are not all that terribly high........

Warriors of the Rainbow by Eyes of Fire.

 

Sorry, can't agree on that, @DennisTate

Russians in high numbers are totally brainwashed and they're used to the Bespredel style of living. Bespredel means doing what you want without repercussions. Because of Bespredel exactly you see so many dashcam car crashes in Russia. They drive like they own the road. It's Bespredel style.
Russian Government is gonna kill you if you speak against Putin. Oligarchs and the Ozero Dacha Cooperative rule there. They banned a ton of websites, apps, and encrypted secure IMs like Telegram. Banned.

 

True...........
but a group of extremely truthful mentors and teachers are going to be raised up for the Russian people.........
and the Russian people..... so used to continual lies..... will respond to the truth with an enthusiasm....... that will make them fearless....... and they will play a massive role in shifting the atmosphere in the Islamic World.


This book may be accepted and read widely in both Russia..... and Israel..... long before a significant number of Americans know anything about it.......


http://www.politicalforum.com/index...ination-for-nobel-prize-in-literature.542590/
Your nomination for Nobel Prize in Literature?




www.ThomasTwin.com/


John 16:25

"These things have I spoken unto you in proverbs: but the time cometh, when I shall no more speak unto you in proverbs, but I shall shew you plainly of the Father."

 

I hope so, @DennisTate

 

Since Americans mostly have more debt than they have money in the bank it would benefit them immensely if the dollar inflated. What's my $200000 house loan when bread costs $300000? Suddenly I can pay off my debt by skipping the next meal!!!

 

We Americans came to accept that we were in a special status right after the end of World War II because we had nuclear weapons and nobody else did. Moreover, we did not suffer the horrible destruction of our country during the war as so many countries in Europe did, also the Soviet Union. China and, of course, Japan, were also torn all to pieces and largely destroyed. But, American industry and business was untouched... so, we prospered greatly, while taking control and projecting power throughout the world accordingly.

We made the U. S. Dollar THE "reserve currency" for the entire world, and that arrangement worked very well for decades. But, the "Great Recession", which began in August 2007 started a process of various changes that have not been good for anyone -- including the United States. The central banks in "the West" -- most notably the Federal Reserve System, the European Central Bank, the Bank of England, the Bank of Japan, et al, began to seize total control of the economies of their host-countries.

Now those central banks (working largely in collusion with each other) have created another gigantic "fraud-balloon", primarily in the United States. Today the American stock market is enormously overvalued, but the Federal Reserve System already has a Four Trillion Dollar "balance sheet" it accumulated by buying toxic "asset paper" during the last recession, in order to "rescue" those it considered "too big to fail".
So, what will happen next? Another recession, surely, and it may be much worse than the last one.... I would not (NOT) want to be heavily-invested in euro-denominated anything when the next recession hits, and, again, the U. S. Dollar, per se, will suffer less.... We're special... but China and Russia may have different ideas.

 

So one should not keep money in Euros?

 

This reminds me of Peter Schiff in 2012. The Dollar's collapse was imminent, and everyone who didn't want to go broke needed to buy gold from him immediately. Fast forward to 2018, and Schiffy liquidated his gold and pocketed a substantial profit, while his Libertarian cohorts are stuck with metal worth a third less than they paid.

 

Right now the euro is valued at 1 euro = 1.14 US Dollar. RIDICULOUS! Look at the current state of the financial affairs of even the larger European countries, like Italy, France, and Spain. Here's a chart showing the list of countries by public debt: https://en.wikipedia.org/wiki/List_of_countries_by_public_debt

ALL of them are carrying WAY too much debt versus GDP, including the U.S., but there is nothing I can see that supports the current valuation of the euro making one euro worth 1.14 American dollars! If anything, given the over all financial condition of all countries that use the euro, including Germany, the ratio probably should be more like one U. S. Dollar equals 1.14 euros -- or maybe considerably more. You can see what I mean....

 

The EU zone is strong. It hit the sanctions not only on Russia but on the USA too. That's why the currency is such compared to the dollar.

 

Honestly, the EU zone is not so strong. The European Central Bank has been running back and forth trying to plug dangerous "leaks in the dike" like the legendary "Little Dutch Boy" in the old story. The strongest feature of the European economy is, of course, the relatively prosperous relationship between France and Germany (the "Castor and Pollux" of the euro 'pantheon')

Right now, the danger-point du jour is Italy. I don't refer very often information in 'blogs', but this is a good one, and it accurately describes a situation that has poised an increasingly troubling threat to the entire euro. From the London School of Economics and Political Science: http://blogs.lse.ac.uk/europpblog/2018/09/17/italy-under-the-spotlight-of-another-financial-crisis/ . And it is the very inter-connectedness of all these countries that is most troubling. If Italy gets "sick", surely it is just a matter of time before even an economic power-house like the German/French partnership catches a bad "cold".

Then, 'domino-theory' begins to look increasingly real. As you probably know, a very large number of Poles enjoy employment in Germany, for example. If the German economy suffers a decline, what does that do to Poland, for instance? And the other possibilities are almost endless.

But after poring through all these things, I keep coming back to hard-core economic realities involving debt versus gross domestic product, and in my view, the sheer "tonnage" of 'product' versus debt simply does not support a value for the euro that is greater than the U. S. Dollar.

 

Excellent point about 'precious metals' hucksters!

People think I'm some kind of a "gold bug" because I am fundamentally opposed to central bankers' manipulation of most of the economies of the world, but I certainly do not (NOT) advocate running around in a frenzy, buying gold and silver anything. Why not? Because the same central bankers that manipulate everything else (money supply, interest rates, etc.) also manipulate commodities pricing as well....

Sure, without entities like the Federal Reserve System exerting a stranglehold on the entire U. S. economy since August 2007, everything would be different today, and precious metals like gold and silver would surely be 'worth' many times more than they are today. But as the "Great Recession" blew up in our faces, the Federal Reserve wanted to push and shove everyone OUT of secure investments, like certificates-of-deposit, precious metals, etc., and get everyone's money back into the various stock markets. Re-inflating the gigantic "fraud-balloon" was essential to making all their magic tricks work! So, interest rates were crushed down to zero, even though the demand for REAL cash money was acute. And, the price of gold and silver was tightly controlled. Meanwhile, today the stock market is exorbitantly overvalued....

"Act Three" should be interesting....

 

What you just wrote here is so exceptionally insightful that I have got to get a second opinion from one of the best economists on this planet...........


http://www.politicalforum.com/index...on-i-ever-read.502018/page-14#post-1069805483

Best explanation for Weimar Republic Inflation I ever read....

 

I just got back an exceptionally insightful analysis on what happened to gold over this last century:


Mervyn DePendleton:

Mervyn DePendleton:

I am on a somewhat different page as to whether or not the stock market is terribly over valued.......
that could be true.... but the real backing for the USA dollar is the productive capability of American workers.........
so because all those stocks are linked to relatively productive Americans......
there may be a way to look at the existing situation as being better than we might tend to think.

I believe that we are on the brink of something exceptionally positive........
but it will shake up the USA and world economy.... there is no getting around the need for a major shift in how we do business......

http://www.chabad.org/library/article_cdo/aid/2811/jewish/Sighting-Moshiach.htm

 

Let's hope so, but the signs are not good.

The US no longer has a good grip on World Trade as it once had. China now earns the major portion of that trade. (US is at 12% of GDP, the EU at 44% and China at 20%.)

The US is no longer the ONLY producer of Internet-relevant products/services. Just about anybody/anywhere can achieve that commercial possibility besides the US. (But, if I had a "good internet product idea", I set it up in the US first. Because uptake is quicker there.)

Still, that does not mean Only There. Uptake is simply a matter of translating the screen-language.

My Point: If America wants to be Great Again, it should look at an internal economic flaw. What it should do is try to lift the 45 million fellow Americans who are captives below the Poverty Threshold ($24K/year for a family of four). By moving them out to higher incomes, they have a whole new sales-target that will augment the nation's GDP*.

Now, THAT is an interesting perspective ... !

*But, how do we do that? Altogether another question. But thinking that they deserve to be there because they are all Lazy Basterds and not worth the effort does not help in the least. Where there's a will, there's a way.

 

OUR UNCROWNED MONARCHY IN AMERICA

IQ of the presidency does not matter all that much. What one must avoid in the PotUS is crass meanness.

Which Trump has shown these past two years. Particularly in the megabuck payback (by reducing Upper-income Taxation) to his super-rich friends who funded his campaign!

Whilst YOU AND ME, we live in a nation where 45 million men, women and children live below the Poverty Threshold ($25K annual income for a family of four!) Note that 45M is the population of the states of California and South Carolina combined!

C'mon, boyz-'n-girlz, what is important is not Donald Dork's level of intelligence but what he does and what he FAILS TO DO that are far, far more crucial ...

America is way out-of-step with the rest of the world that left definitively the hegemony of Monarchic Privilege that once existed. It died in Europe with the end of WW1, that we will celebrate on November 11th. After that War, in which 117,000 American soldiers died and 204,000 were wounded, the European Monarchs were reduced to figurehead roles!!!

But we in American seem not to have learned the lesson! We have now our own Uncrowned Monarchy; that is, the super-rich who pay to have American voting-opinion favor their candidates. Those candidates profess allegiance to only one key factor of the American economy, LOW UPPER-INCOME TAXATION! Whilst a massive almost half of the Discretionary Budget is spent on the DoD. (See that fact amply demonstrated here !)

When those funds should be in stead employed to provide Americans with:
*A National Healthcare System (NHS) and Free Postsecondary Education for all ages to better our lives.
*We Americans have a lifespan 4-years less than most European countries that have a low-cost NHS and send their kids to learn necessary skills at a cost at most of $1000 a school year.

Wakey, wakey! The rich and super-rich do not know what to do with the tax-avoidance money being gifted them. They give some of it away to salve their guilty-conscience but most goes inevitably as inheritance to their next-of-kin who never worked a day in their lives to deserve it ... !

 

If the dollar depreciates, I doubt it will depreciate relative to any other major currencies. They are all going down together.

And anyway, in the case of China's yuan, they go to extreme measures to prevent their currency from appreciating relative to the dollar, and their economy is closely tied to economic consumption in Western countries.
Russia's currency is also tied to Europe because of gas exports, but would probably appreciate to some degree relative to the Euro if the Euro went down.

The real question is, how do you measure deflation if you do not have any other major currencies to compare it to?

 

Nearly a decade ago I was listening to Miracle Channel broadcast out of Lethbridge, Alberta and a prediction was given by a guy with a Scottish accent that in the future...... the Canadian dollar would be equal to the USA dollar... and when that would happen there would be a massive outpouring of the Holy Spirit / Ruach ha Kodesh.

The stage sure does seem to be set up for that to happen for quite logical reasons.......


http://www.politicalforum.com/index...-dollar-problem.531929/page-3#post-1069876427

 

I sure hope that you are correct.......
but the number of seven hundred and ten trillion that is given at the fifteen minute and three second mark in this video is kind of sobering!

FORGET IRAN, IRAQ, UKRAINE
THIS IS WHERE WWIII STARTS...

 

I will be trying my best to convince Canadian political leaders to peg the Canadian dollar to the USA dollar at some point so that the fall of the dollar will only be so far and then it stops........

 

Why would you think that pegging the Canadian dollar to the USA dollar would stop the depreciation of the dollar?
Canada is a much smaller economy than the USA. What that would probably end up doing is just drag the Canada down with the USA.

And besides that, it would probably be pointless. Canada's current rate of inflation is very similar to that of the USA right now. The only time your suggestion would do any good is if a crisis hit in the USA. And in that case, I don't think you, as a Canadian, would want to be propping up the dollar in that situation.

 

1. Australia might just join in on this:

Should Sorek 2 be in Australia or California?


2. President Trump seems to be out to tackle flaws in the Federal Reserve system which could assure Canadian and Australian political leaders that the depreciation will be limited.

https://en.wikipedia.org/wiki/Donald_Trump

3. America has been bearing the brunt of the cost policing the world since WWII.

4. There may be a way to do this without greatly risking the Canadian dollar itself:

http://www.politicalforum.com/index...ada-and-unified-field-theory-of-m-w-p.548225/