A boo-boo.

Is the collapse of the dollar really a bad thing? It will force us to start relying on ourselves rather than foreign nations to borrow from and it will make us start saving more. Its Americans wastefulness that has gotten us into a lot of trouble lately. The dollar's fall will result in painful adjustments for the economy. The collapse of the dollar will force consumers and the government to behave in a more responsible manner, to consume less and produce more goods.

Originally posted by gixxerblade
Is the collapse of the dollar really a bad thing? It will force us to start relying on ourselves rather than foreign nations to borrow from and it will make us start saving more. Its Americans wastefulness that has gotten us into a lot of trouble lately. The dollar's fall will result in painful adjustments for the economy. The collapse of the dollar will force consumers and the government to behave in a more responsible manner, to consume less and produce more goods.

There are global implications to a dollar collapse, as in war. Since the Chinese were saddled with more dollars than they could ever hope to redeem, anything too "sudden" could be perceived as an act of war. On the other hand, the Chinese could perhaps decide to "cause" the collapse themselves, maybe shooting themselves in the foot, but if they think the jig is up, they may not feel there is much to lose anyway.

The dollar is also the world's "reserve currency", so major adjustments would have to be made, and the likelihood of it happening peacefully isn't high.

Of course the idea that something like "wastefulness" is at the bottom of the trouble doesn't hold up. Sure, people can't simply "consume", without a corresponding volume of production, and America certainly could benefit from a more balanced economy. Allowing the US industrial infrastructure to go to mothballs, aggravating unemployment, and weakening the nation as a whole, now that was "wasteful", for sure. But our masters have an agenda, and ultimately it is to usher in the NWO.

So what is the "real problem" then? It's the same as it has been for centuries now. Banksters were handed enormous power, and are at the epicenter of all that we see going on. Economic "booms", and "busts", they create them, usually doing a dandy job of picking up the pieces afterwards. Wars? They have been funding all sides for a very long time now. They cause the wars, or at least agitate to the extent necessary to bring things into line, and again, when all the bodies are done stacking up, they come in, "clean-up", restructure, and in the process become even stronger. And the cycles repeat, regardless of the massive human suffering that results.

And their principle tool? Fractional reserve banking. Beyond that is the gold they hold, almost exclusively, but I wouldn't want to go to far afield.

SO, in answer to your question, is a dollar collapse a "bad" thing, I would say yes, and no. Yes it would be bad, because of the misery that will swiftly follow (and our masters will surely USE that misery to their advantage).

It could be good, but only if in the proces we finally wake up, and throw off the tyranny of fractional reserve banking which is presently choking the entire world.

JR

Just saw a thread that a lot of banks are having problems with their "systems being down." Hmmm....this could be it, too. Who knows, at this point.