GON
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Article from Forbes implying the massive rise in Bitcoin and gains in gold is in reference to a future USD collapse.
Over the past months, I have tried to understand this, without clear comprehension. One thing I speculate is that all the worlds currencies are being printed, so devaluing all currencies masks the printing of USDs.
What I can't figure out is the Kuwait Dinar. One of the worlds strongest currency, by a nation that's exports more than it imports- yet Kuwait also has inflation, and the buying power of their Dinar is not static.
I can't find an example in history where a nation devalues it currency, imports more than it exports, and spends more than it takes in, that has a happy ending. The Roman empire is a good case study.
Over the past months, I have tried to understand this, without clear comprehension. One thing I speculate is that all the worlds currencies are being printed, so devaluing all currencies masks the printing of USDs.
What I can't figure out is the Kuwait Dinar. One of the worlds strongest currency, by a nation that's exports more than it imports- yet Kuwait also has inflation, and the buying power of their Dinar is not static.
I can't find an example in history where a nation devalues it currency, imports more than it exports, and spends more than it takes in, that has a happy ending. The Roman empire is a good case study.
U.S. Dollar Death Spiral âCrisisâ Fears Grow After Bank Of America Issues Shocking â$1 Trillion Every 100 Daysâ Warning Amid Huge Bitcoin, Ethereum, XRP And Crypto Price Boom
Bank of America analysts have warned the U.S. debt load is about to ramp up to add $1 trillion every 100 daysâfueling a bitcoin price surge...
www.forbes.com
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