The Great Economic/ Financial Collapse: DXY and Inflation. (2/6)
ever since covid we have seen 40% of all US dollars printed. this should be worrying since it could cause serious inflation in the upcoming months:
here is a chart of the current money supply:
here is some of the reasons on why i think the dollar will crash and why i also think hyperinflation could happen in the upcoming decade.
reason 1:
only 20% of the 750 currencies since the 1700s's have survived and at one point they will all get passed/ fail.
www.chandlernguyen.c...empires-600-2020.png
this chart here shows the leading empires/currencies.
China is about to overtake the US for the greatest economy and the better currency.
this chart also shows how netherland was overtaken by the UK and how the UK was overtaken by the US. China is getting really close to overtaking the US and i think once markets start crashing China will finally overtake the US for a short period of time.
i.redd.it/t5w2mvluqxd71.jpg
this chart here shows how it is estimated that China will overtake Americas economy by 2025-2028.
your best bet to fight against possible US dollar collapse and inflation are the following:
put your money into different currencies (currencies that aren't printing a large amount of money)
your second option is diversifying into different assets. assets like gold, silver, crypto are good options to battle inflation and falling dollar prices. these assets tend to go up every time the dollar falls.
as you can see here:
reason 2:
since america left the gold standard that allowed america to print as much money as they want. this causes inflation and devaluation. anytime a crisis or large amounts of debt comes around, the fed prints money to help keep people and businesses a float causing more inflation and devaluation. we have seen this happen in recent years and with other countries.
the dollar only has value because we believe it has value. once people see hyperinflation/markets crashing people will start losing confidence in the economy and the dollar and moving it into different assets and foreign assets like chinese stocks or any other stock. this lost trust over the dollar will bring the value of the dollar lower.
we are not seeing hyperinflation right now in the Us but we could be soon. take for example israel, in 1970 its inflation rate was 6% and 4 years later it jumped almost 50%. a decade later it had reached 400%. why did this happen? because they didn't take inflation serious until numbers got so high. after a record 400% the government finally took some serious action with a economic stabilization plan brining inflation down.
right now inflation is up 75 and i am predicting that it will keep going higher. right now the government isn't taking inflation all that serious and calling it "transitory". with that, they are still spending/priniting a ton of money (40% in 2 years) and i think they will plan on doing so until they take it serious/ its too late.
even though the fed is planning to raise interest rates i dont think it will help much and they will be forced to lower them again after all the rest of the markets start coming down.
here are some charts of inflation and interest rates:
i dont think we will see 400% inflation any time soon but i do believe we will see crazy inflation/ devaluation of the US dollar that will hurt certain groups of people that dont have other assets like gold, silver, or crypto
here is a chart of the current money supply:
here is some of the reasons on why i think the dollar will crash and why i also think hyperinflation could happen in the upcoming decade.
reason 1:
only 20% of the 750 currencies since the 1700s's have survived and at one point they will all get passed/ fail.
www.chandlernguyen.c...empires-600-2020.png
this chart here shows the leading empires/currencies.
China is about to overtake the US for the greatest economy and the better currency.
this chart also shows how netherland was overtaken by the UK and how the UK was overtaken by the US. China is getting really close to overtaking the US and i think once markets start crashing China will finally overtake the US for a short period of time.
i.redd.it/t5w2mvluqxd71.jpg
this chart here shows how it is estimated that China will overtake Americas economy by 2025-2028.
your best bet to fight against possible US dollar collapse and inflation are the following:
put your money into different currencies (currencies that aren't printing a large amount of money)
your second option is diversifying into different assets. assets like gold, silver, crypto are good options to battle inflation and falling dollar prices. these assets tend to go up every time the dollar falls.
as you can see here:
reason 2:
since america left the gold standard that allowed america to print as much money as they want. this causes inflation and devaluation. anytime a crisis or large amounts of debt comes around, the fed prints money to help keep people and businesses a float causing more inflation and devaluation. we have seen this happen in recent years and with other countries.
the dollar only has value because we believe it has value. once people see hyperinflation/markets crashing people will start losing confidence in the economy and the dollar and moving it into different assets and foreign assets like chinese stocks or any other stock. this lost trust over the dollar will bring the value of the dollar lower.
we are not seeing hyperinflation right now in the Us but we could be soon. take for example israel, in 1970 its inflation rate was 6% and 4 years later it jumped almost 50%. a decade later it had reached 400%. why did this happen? because they didn't take inflation serious until numbers got so high. after a record 400% the government finally took some serious action with a economic stabilization plan brining inflation down.
right now inflation is up 75 and i am predicting that it will keep going higher. right now the government isn't taking inflation all that serious and calling it "transitory". with that, they are still spending/priniting a ton of money (40% in 2 years) and i think they will plan on doing so until they take it serious/ its too late.
even though the fed is planning to raise interest rates i dont think it will help much and they will be forced to lower them again after all the rest of the markets start coming down.
here are some charts of inflation and interest rates:
i dont think we will see 400% inflation any time soon but i do believe we will see crazy inflation/ devaluation of the US dollar that will hurt certain groups of people that dont have other assets like gold, silver, or crypto