I'm really over this idea that the dollar is finished and the USA is on its way down

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#1Oct 5, 2022, 03:12 PM
I keep hearing this same story that the dollar is dead and the USA is collapsing, but that's just not the case. The dollar is strong, and the USA is more powerful than ever. Look at the UK, they had a lot of power before, but that's changed. Now all the financial clout is with the USA. Just check out the crypto scene; it's all in America's control with figures like Trump and the bankers. Even huge firms like BlackRock are in the mix. World markets? The exchanges, liquidity, and bond markets are all under US influence. Just look at Wall Street and the CME Group, which basically runs the entire market system. So who’s spreading this idea that the USA and its dollar are going down? It's just FUD from folks who want to discourage people from investing in US stocks, bonds, and the dollar. It’s aimed at people who don’t really get it. Take USDT, for example; it's buying US treasuries. There are trades happening with USDT all over the world. Even Russia is using USDT for oil trades, which supports the US bond market. It feels like there's a campaign to push this 'USA is falling' idea to benefit certain individuals who want to get into US dollars and assets while others are misled. Just like how the SEC and Brad Garlinghouse created FUD around XRP to get retail investors out. Can’t you see what’s really happening? I don’t get why people still believe this false information. And remember, the SEC employees? Once they leave, they often head straight to Wall Street. Seriously, let's stop with the delusions about the US falling. It’s actually stronger than ever, while the UK is the one truly in decline.
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satoshi2020Senior Member
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#2Oct 7, 2022, 11:25 PM
The dollar is not not done I think everyone knows that, but the dollar is not as strong as it was years ago, it is not a brawl against the dollar because money has lost value, the value of dollar together with other currencies is not as strong as it use to be. The US is getting strong  other countries are also getting strong.
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dan.whaleFull Member
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#3Oct 8, 2022, 12:14 AM
You can lie to yourself all you want, but the data tells the real story. The US dollar started losing its footing long before the recent government shutdown. Just look at the news the Fed just slashed interest rates to a range of 3.50%–3.75% with a 0.25% cut in their final meeting of the year to try.. Meanwhile, the unemployment rate has climbed to a four year high of 4.6%, and gold is trading at record levels between $4,500 and $4,550 per ounce. Anyone who understands the economy can see that people are losing faith in the dollar and finding refuge in hard, stable assets..
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gw31_2021Full Member
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#4Oct 8, 2022, 05:30 AM
I have not seen any news about people saying that USA is going down but rather the talk is about US dollar, the value is not as strong and not considered a safe heaven as some people thought it was but there have been an unveiling of some economic activities in this Trump administration which has caused the currency's devaluation Did you ask Why is the US dollar falling by record levels in 2025? or did you research whether the value of the US dollar is the same as it was in 2024 when both national and foreign investors saw a safe haven in it.
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john88Full Member
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#5Oct 9, 2022, 01:17 AM
The US dollar is actually not done, because there are still so many countries that hold USD as their reserves and the US dollar is still used extensively in international transactions. But even so, that does not guarantee that its value will not drop. If you hold US dollars, their value will continue to decline over time due to inflation and central banks continuously printing money to cover their economic difficulties. That is why holding US dollars is not a wise thing to do - the same goes for all kinds of fiat.
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john.cobraHero Member
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#6Oct 9, 2022, 02:23 AM
The US dollar is far from ceasing to be the world's main reserve currency, but every currency that has dominated the world in the past has come to an end. The strength of the US dollar is in the strength of the country behind it, and we all know that the US is the most powerful military power in the world, which other countries respect less and less, but still fear, considering that it uses military force to achieve its political/economic goals. You must be one of those big fanatics who still believes in the so-called crypto president and his clowns who are playing politics in a very bad way? This is a sad period in US history that has unfortunately been going on for many years, and all the while the US has been sinking deeper and deeper into its debts, breaking ties with its allies and turning into an unreliable partner.
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hodler2011Full Member
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#7Oct 9, 2022, 04:57 AM
If you think that's bad for the dollar, imagine the fiat currency of my country (Brazil), which is the Real 1 USD = 5.54 Reais 1 Real = 0.18 USD Our currency was once on par with the dollar at 1:1 So it's even worse. Compared to the dollar, our currency has lost a lot of purchasing power, and when you add inflation to that, we have a very weak currency It's not uncommon for Brazilians to be advised to buy dollars to protect themselves from our own currency Even if you guys have differing opinions, the solution for us here is to keep a little reserve in dollars to protect ourselves
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bengweiSenior Member
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#8Oct 9, 2022, 06:16 AM
The dollar among other currencies is a top performing currency that is internationally and locally traded and paired with other currencies to blend well. There's so much strength in the dollar that even when third world countries earn in dollars, it amounts to so much as compared to how their local currency is valued. Paired with cryptocurrencies, stablecoins in the form of dollars offer better market value otherwise, it wouldn't be among the leading choice of stable currency on any CEX or even on any DEX platforms.
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maxgasSenior Member
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#9Oct 9, 2022, 08:39 AM
It's certainly normal that things experience rising and falling but for dollar i can't really verge for it right now cause it's experiencing some decline for awhile now which had made a lot of people loss hope in it. Sure the value isn't as strong as it was comparing from past years and this year it's not the same and It's clearer that the present government pressing issues and policies are solely behind it and thus affecting it  all-round.
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#10Oct 9, 2022, 02:14 PM
I think that as long as the United States remains a strong country in terms of military power, it has many ways to prevent the Dollar from collapsing. The current weakening of the exchange rate is understandable, especially as a result of President Trump frequently changing policies. Nevertheless, as we have often seen, the Dollar is still the most widely used currency in global trade.
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king2011Full Member
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#11Oct 11, 2022, 02:02 AM
I am also pesimist with US collaps narative. For decade US has its dominance on almost every sector dan can keep maintaining its hegemony for several decade. (military and defence, monetary ann financial, research and thechnoology, media). We hear about US debt which alarming US economy collapse but what isee now, investor still think US can pay the debt and us willing to pay their debt, so they still give prudent badge to US and US still the safe place to put their money and investation What make me think those narrative is nearly impossible, because the hand or full support of global elit (3% population in the top of pyramid) for the US. They prepare the system and make the US as a tools to dredge and suck wealthy from the bottom of pyramid upward to their pocket, and fantastically its worked efectively for decades. With elit global unlimited money power, i think tackle the dollar, stopping US hegemony and flip the world position is imagination for now. If we can make analogy in human relation, when we want to challange other, we will make power calculation betwen ours on other. As a matter of fact i can not found any country which have same power with US. Eventhough for most decades, China gnawing US and follow US path to be super power with modification, but still China not qualified enough to be called hegemon like US, not denaying China has its dominance on some sector. USD and number one worlds military power is deadly combo which support US super power long lasting.
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atomichodlerFull Member
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#12Oct 11, 2022, 03:35 AM
Despite constantly printing money, the USD is still very strong. When you look at other developed and developing countries, you can see the difference. Many countries are struggling with inflation. Money is losing value day by day. If we assume that all currencies are losing against inflation, the USD is one of the least damaged. Even though the USA isn't being governed well, it's still the number one power in the world and that naturally reflects on its currency. I don't see that changing anytime soon.
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im_oracleMember
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#13Oct 11, 2022, 04:46 AM
You're very correct. Normally overprinting of money causes hyperinflation, countries like Zambia and Venezuela have trued it before and suffered the consequences and that's because their currency is not as strong enough or recognised like the US dollar.  The US dollar is very strong because it's used globally for international trade, more recognised than other currencies internationally, even the likes of pounds and Kuwait dinar that's valuable than it, so anyone thinking that the US economy would crumble cause of over printing should dig deep, do proper findings and rethink their thoughts cause the usd is the global reserve currency, it's gained trust international compared to others which is why the US economy is still sustained despite more printing.
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alexwalletSenior Member
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#14Oct 11, 2022, 09:22 AM
So what impact does the UK economy have on the world's economy to truly warrant every second of the world's attention? People won't stop speculating, and even new narratives are emerging that suggest the country is dead, etc. This is simply part of the strategy of blocs/alliances that considering the US has been dominant for too long, or it's simply FUD from news media presentations that appear to be comprehensive research to feed the haters. Being confident is not forbidden, but always prepare for all possibilities. There were even several lifeboats on the ship that "Not even God can sink this ship".
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laser2018Full Member
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#15Oct 11, 2022, 03:38 PM
People place value on asset not on money, anymore. Gone are those days, when I would buy the dollar, because whenever it gains value ill sell to my local currency and make a profit. Obviously dollar will forever be the dominant currency over others worldwide, especially in trade and finance, but no longer in storing value.
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diamond365Full Member
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#16Oct 12, 2022, 05:15 AM
The USA has a biggest economy and the US. Dollar is one of strongest fiat currencies, it's pure fact. There is another fact: all fiat currencies have their inflations but in different nations, with different central banks and monetary policies, the inflations can be higher or lower, but as said they are all inflationary. Depends on monetary policies, money printing rates, inflation rate, and economic statuses in different countries, the decreases of purchasing power of different fiat currencies are considerable different. A clear fact is the US dollar maintains its purchasing power against other fiat currencies very well in many decades but if you are interested in exploring the US.dollar inflationary issues, you can read this one. The Purchasing Power of the U.S. Dollar.
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im_apeHero Member
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#17Oct 12, 2022, 01:12 PM
Well whether you believe it or not, dedollarisation is happening and has been happening for a couple of years now. Reducing it to silly statements like "dollar is done" is not going to change that fact; and you can't make silly conclusions like "because dollar is not done and US has not disappeared from maps then nobody must have been dedollarising"!!! That is not and was not ever the definition of dedollarising. Dedollarising is the process of abandoning usage of the biggest monetary scam of our time called dollar and replacing it with other means of payment like what has been happening in different blocs of power in the New World Order (eg. in Asia, among BRICS nations, among SCO members, ...). That is a process that has been happening for a while now and it is already proved to be successful considering the massive fall in usage of dollar for international trade. Something that was once around 90% of all trades is now heading toward 40%. US will not disappear from maps and it will continue to have its fiat called dollar but in the future the world will not depend on it as it was once. BTW the gigantic rise of gold price to unpresented levels ($4500+) is another sign of dedollarisation as the world replaces the devaluating dollar of US with $38.5 trillion debt with hard and reliable assets such as gold in their reserves.
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fullnodeSenior Member
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#18Oct 12, 2022, 07:09 PM
A Wired article that came out today has a different perspective, which contradicts almost everything you are saying. Fewer countries are buying US goods, making settlement in US dollars unnecessary. A few companies might be using USDT, but this reliance on dollar backed stablecoins as an intermediate currency will be eliminated once new payment systems, which make trading in each other’s currencies easier, get implemented. It is naive to think countries will be using USDT for settlement and reserves, when all it takes is a few lines of code for your balance to get deleted. Even Tether uses their profits to buy gold and Bitcoin, because they know the dollar is a shitcoin whose dominance won’t last forever.
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the_kingHero Member
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#19Oct 14, 2022, 05:32 PM
The US Dollar has experienced a decline for centuries and the process of challenge after challenge being accepted and failed in the market has no support, but the US Dollar was again officially created and developed in the market in 1792, This means that the US dollar has been used and developed internationally for 233 years and its growth continues to grow rapidly every day, perhaps until now no one can match it. Who says the US Dollar will collapse and disappear, don't compare it with crypto, that's a different problem, crypto is not legal money, crypto is a digital currency that operates via the internet and blockchain network, The dollar is recognized throughout the world as the official paper currency for spending and trading, so there's no reason the dollar will disappear, that's a silly story.
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nova_2019Senior Member
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#20Oct 14, 2022, 10:51 PM
I guess you are consuming too much Russian and Chinese propaganda. All the fans of Russia and China keep insisting that the USA is about to collapse and the days of the US dollar global dominance are gone. I think that the US dollar has at least a decade of global dominance before it turns into something similar to the British pound(just another big fiat currency). I have to admit that you were right about the stablecoin adoption. I didn't expect the US government to accept such liberal stablecoin regulations, but I don't believe that the USA is going to turn Tether or USDC into "the new dollar" and I don't believe that the USA is going to pay back it's national debt with stablecoins.
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