It does not tell when the US dollar will collapse. A dollar collapse is when the dollar goes down really quick.
China supports the value of the dollar by buying US Treasury bonds. If China had an economic crash then they would likely sell off their Treasury holdings (2 trillion worth) to keep their economy going. This would flood the bond market with T-Bills and collapse the value of the dollar. The government is creating so much money, borrowing so much, the dollar will collapse soon. This is why gold is up, it is a safe currency that cannot be devalued. It always retains its value, its nominal value merely fluctuates in relation to the value of paper/fiat currencies. Buy gold.
1 US dollar is equal to .9843 Canadian dollar.
1 Australian dollar is worth 1.06 Dollar in US
The Great Depression
Buck is a slang term for a US dollar so one buck is equal to one US dollar
Although other currencies previously used in the US have undergone collapse, the Continental dollar being the most notable example, the US dollar has not collapsed yet. Many economists predict an imminent collapse, and some say it has already begun.
$2
No
It does not tell when the US dollar will collapse. A dollar collapse is when the dollar goes down really quick.
The US will show u soon that it will lead to the collapse of the us dollar. And one world government
Many experts agree the current GDP to national debt ratio is unsustainable. Combine this with a world wide lack of confidence in the us dollar (because of QE1, QE2 and soon QE3) and a desire for oil producing nations to sell oil in gold instead of dollars will cause the value of the us dollar to decline further. When the rest of the world refuses to accept the dollar as a reserve currency the us will be in financial collapse. That is my attempt at answering this question, I am still a student of world economics.
There is no definitive answer to whether the American dollar will collapse in the future. Economic conditions and various factors can influence the strength of a currency, including the American dollar. It is important to monitor economic indicators and trends to assess the stability of the currency.
a us dollar
were not dead yet
China supports the value of the dollar by buying US Treasury bonds. If China had an economic crash then they would likely sell off their Treasury holdings (2 trillion worth) to keep their economy going. This would flood the bond market with T-Bills and collapse the value of the dollar. The government is creating so much money, borrowing so much, the dollar will collapse soon. This is why gold is up, it is a safe currency that cannot be devalued. It always retains its value, its nominal value merely fluctuates in relation to the value of paper/fiat currencies. Buy gold.
1 US dollar is equal to .9843 Canadian dollar.
around 2010