The US$ is fake money, and is best avoided.

Concoda –
"Concept of US Dollar Collapse Goes Mainstream"

_{(Right-click title to see original story)}

_{(Image source)}

– Flash Points –

1 – History shows that all fiat currencies eventually die.
2 – Reserve currencies in particular are prone to devaluation and demise.
3 – For the US dollar, the endgame is near.

– Synopsis –

According to a recent report at Concoda.com, the idea that the US dollar may lose its dominance and status as the world’s reserve currency is becoming increasingly common. 

Old News for New Readers 

More and more people around the world are coming to realize that the dollar’s position is being threatened. Recently, news of the slipping dollar is being reported not only in business reports and on financial podcasts, but also in the mainstream media.  

Collapse and Collapse 

History shows that reserve currencies are destined to fail. As we can see from the declines of the Roman and British empires, funding imperialism leads to collapse. The fact that an empire must fund its growth and expansion spells doom for its currency.         _{(Image source)} Furthermore, the collapse of the currency is soon followed by the collapse of the empire.  

Avoiding the Dollar 

The world is starting to understand that the dollar-centric system is on shaky ground. As Iran’s Foreign Minister Mohammad Javad Zarif recently stated, “The actual mechanism would be to avoid dollars.”

– Insight from Outside –

As an empire expands beyond its sustainable limits, it must debase its currency in an attempt to fund that expansion. That’s a historical inevitability. 

Fools, Gold 

The US dollar has been dying since the Vietnam War. The US spent over $10 billion per year on the war, leading to a major federal deficit. That resulted in a decline in the purchasing power of the dollar.    

As the war dragged on, the situation became worse – until 1971, when Nixon “closed the gold window,”  making the situation much worse. Through Nixon’s foolish act, the dollar became a purely fiat currency.  

Fake Money 

Consequently, the US$ is now in a particularly tenuous situation. In the past, the currencies used by the Roman and British empires had some actual value, based on gold or other assets. On the other hand, the US dollar is a purely fiat currency, based on nothing and backed by nothing.    _{(Image source)}