Why U.S. Dollar Will Absolutely Collapse; What Losing Global Reserve Currency Means (VIDEO)

Why U.S. Dollar Will Absolutely Collapse; What Losing Global Reserve Currency Means (VIDEO) | dollar-global-reserve-currency | Collapse Economy & Business Multimedia

By: The Voice of Reason |

 

Unless you’ve been living under a rock the last two or three years, it’s been almost impossible not to hear about how there’s a global economic collapse of some kind coming in the near future. Even if all you’ve heard about the coming collapse has been William Devane’s gold pitch for Rosland Capital (seemingly every other commercial on television), odds are you’ve heard at least something.

Unfortunately, often due to no fault of their own, many Americans haven’t been taught economics, so they don’t really pay much attention to news that comes out regarding a coming global collapse, especially not when the President of the United States keeps telling them we’re in a “recovery.”  If there was something people needed to know, our always honest and truthful politicians, or the mainstream media would tell everyone right? Wrong.

Since it shouldn’t be that hard to get general information in a straightforward manner regarding an issue that concerns all Americans, but yet it is anyway, the following video explains the basics of what people need to know about the coming global reset, and does so using very simple to understand layman’s terms. The following video will answer questions like:

1) Why is the U.S. Dollar the Global Reserve Currency, and how does that status affect every day Americans? What are the benefits to Americans?

2) What impact will it have on every day Americans if the Dollar loses it’s status as the World Reserve Currency? What could cause that, and how likely is it to happen?

3) What proof is there that the Dollar is on the verge of losing its status as the World Reserve Currency, or on the verge of collapse? If this was serious, why hasn’t the mainstream media said a thing about it?

4) If the Dollar does collapse, what does that even mean?  How does that impact my daily life? Should I be doing anything to prepare?

Because our education system and the mainstream media are both so awful when it comes to giving people accurate and reliable information, a growing sentiment has begun to pick up steam around the country that has people starting to believe that Donald Trump has the ability to stop the imminent collapse of the U.S. Dollar and make everything wonderful again, however nothing could be further from the truth.

That’s not a knock on Donald Trump, because many of the decisions leading up to the pending collapse were made decades ago, and any chance to right the ship is long gone at this point. That ship set sail long before Donald Trump came on the scene. In the following video, Peter Schiff does an an excellent job of explaining that it makes no difference who is in office, because no one person can stop the collapse that’s coming.

Peter explains that even if Donald Trump does everything right, there is going to be an enormous amount of pain and suffering before anything gets better (and that’s assuming Trump aims to fix the problems, not just paper over them). In fact, a good argument could be made that if Donald Trump does make all the best choices for the nation as whole, starting with forgetting about the $1 Trillion infrastructure plan we cannot afford, there would be so much pain that Americans would never re-elect him.

To borrow an analogy that Peter Schiff uses quite often, with our country’s habit of living way beyond our means, the United States is like a drug addict, but instead of being addicted to drugs, we’re addicted to cheap money, only there’s no cheap money left. To save our country, we need someone to drag us to rehab, but rehab can be very uncomfortable or painful. Over the long term, of course rehab will be infinitely better for us, but Americans aren’t in the habit of thinking long term, or thinking past ME, and RIGHT NOW.

Considering how many Americans are buying into the delusion that Trump is going fix everything, it’s clear that many are not bracing for rough times ahead. That alone, is a very dangerous mindset for people to have right now…

The Sovereign Investor reports:

During the final days of World War II, 730 delegates from 44 countries met at the Bretton Woods Conference with one goal: To develop a new, more stable, international “reserve currency.”

When the meeting ended, the U.S. dollar was crowned as that new, more stable, “reserve currency”… a position it still holds today.

This crowning has given Americans a huge advantage over the last several decades. In short, the food we eat, the gas we pump, and the clothes on our back are cheaper because the dollar is used to set prices for many of these items.

However, the dollar’s reign as the “reserve currency” is coming to a sudden end, very soon, according to several experts.

“There’s a huge bubble with the dollar,” says Former presidential candidate Ron Paul, “The fundamentals are a disaster.”


THE VOICE OF REASON is the pen name of Michael DePinto, a graduate of Capital University Law School, and an attorney in Florida. Having worked in the World Trade Center, along with other family and friends, Michael was baptized by fire into the world of politics on September 11, 2001. Michael’s political journey began with tuning in religiously to whatever the talking heads on television had to say, then Michael became a “Tea-Bagging” activist as his liberal friends on the Left would say, volunteering within the Jacksonville local Tea Party, and most recently Michael was sworn in as an attorney. Today, Michael is a major contributor to www.BeforeItsNews.com, he owns and operates www.thelastgreatstand.com, where Michael provides what is often very ‘colorful’ political commentary, ripe with sarcasm, no doubt the result of Michael’s frustration as he feels we are witnessing the end of the American Empire. The topics Michael most often weighs in on are: Martial Law, FEMA Camps, Jade Helm, Economic Issues, Government Corruption, and Government Conspiracy.

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The Sleuth Journal is an independent alternative media organization comprised of individuals and groups working to shed the light on truth in government, politics, world and local news, civil liberties, natural health and medicine and other important topics that the mainstream media fails or refuses to expose. This information is being presented to you in an effort for advancement in the understanding of our economic and political corruption and the New World Order. It is our intent to connect, educate, motivate and inspire those who are interested in alerting our fellow humans to the pertinent issues that are affecting our lives and future, each and every day. We are a community of truth-seekers and who share a commitment to action and resistance- to push back against those who wish to suppress and control our lives and take away our God-given freedoms and civil liberties. We bring you real news from around the world, without the synthetics. Together in sharing the truth, we can challenge the abuses of the establishment.

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    • Danuta Ewiak

      Where are we heading? Let me remind here a fragment of an ancient vision: “And [the king of the north] will go back (to) his land with great wealth [1945. This detail indicated that Hitler will attack also the Soviet Union and will fight to the bitter end. In the beginning there were no signs of such the ending of this war]; and his heart (will be) against the holy covenant [hostility towards Christians. Soviet Union introduced state atheism]; and will act [it means activity in the international arena]; and turned back to his own land [1991-1993. The collapse of the Soviet Union and the Warsaw Pact. Russian troops returned to their country]. At the appointed time [he] will return back.” (Daniel 11:28, 29a) The return of Russia in this context means crisis, which will eclipse the Great Depression. Not only the eurozone will break up, but also the European Union and NATO. Many countries of the former Eastern block will reconcile with Russia.

      This does not include everyone. “And [the king of the north] will enter into the south [this can be Georgia], but it will not be as the former [2008 – Georgia] or as the latter [now Ukraine], for the dwellers of coastlands of Kittim [USA, in the beginning without Britain] will come against him, and he will be dejected, and will go back.” (Daniel 11:29b, 30a)

      What will induce the “king of the north” to enter into the south? Jesus said: “For nation will rise against nation”, as in 2008 in Georgia, and then will be U.S. intervention and global nuclear war. As Jesus foretold, it will be “the beginning of birth pains”. (Matthew 24:7, 8; Revelation 6:4)

      In 1882 British troops occupied Egypt. Great Britain then took the role of “the king of the south”. Around the same time, Russia expanded its influence in the region, which previously belonged to Seleucus I Nicator, and took the role of “the king of the north”. (Daniel 11:27)

      All the details of this vision are being fulfilled from the time of ancient Persia, in chronological order. It is true that this vision is variously interpreted. As one can see, it has a lot of details. Therefore the insightful person is able to detect any error or sophistry. (Daniel 12:10)