Is the dollar collapsing?

[UltraBudgie]

Here is how much foreign currency one dollar will buy you, today, as compared to the beginning of the year:



I had to look up the numbers myself and make my own spreadsheet because the AI that I tried to use just flat-out lied.

Combine this with 1) inflated price of goods in the domestic market, 2) how much less gold $1 will buy you, and 3) how much less blue-chip stock $1 will buy you, and we have to ask:

Is the US dollar collapsing?

Opinions? It's economics, after all—it's all a matter of opinion.

[UltraBudgie]

Here is the change in the value of the dollar this year, measured in milligrams of gold:



It's lost 29% of its value, going from one dollar being worth 11.8536 mg (January 1st), to now only 8.4207 mg (September 23rd).

[rickymouse]

By our dollar loosing value in the world, it means what we buy from other countries gets more expensive, and what we sell to other countries is cheaper for them to buy.  It has good and bad points, it makes our products more affordable for export to other countries.  If we plan on starting to make more things in America, it will make our businesses products more affordable in other countries.

That is why stuff imported from China was so cheap before, China built their nation up using this kind of thing.

But if we continue buying things from other countries, it will cost more.  This is an incentive for America to stabilize our economy and increase exports and create jobs here.  But people nowadays lack the desire to work in manufacturing it seems, they also don't want to work on farms.  We have had a consumer based economy for years, and history of consumerism shows they collapse....in fact the USA has surpassed the normal limits of survival in this kind of economy that we have had now for years.

[CriticalStinker]

By our dollar loosing value in the world, it means what we buy from other countries gets more expensive, and what we sell to other countries is cheaper for them to buy.  It has good and bad points, it makes our products more affordable for export to other countries.  If we plan on starting to make more things in America, it will make our businesses products more affordable in other countries.

That is why stuff imported from China was so cheap before, China built their nation up using this kind of thing.

But if we continue buying things from other countries, it will cost more.  This is an incentive for America to stabilize our economy and increase exports and create jobs here.  But people nowadays lack the desire to work in manufacturing it seems, they also don't want to work on farms.  We have had a consumer based economy for years, and history of consumerism shows they collapse....in fact the USA has surpassed the normal limits of survival in this kind of economy that we have had now for years.

It worked for China because they were a developing country. It worked for us when we were young as well.

It’s not that we don’t manufacture, it’s that we only do very advanced manufacturing. The margins on simple manufacturing are razor thin, and we can’t compete with south East Asian companies because a lot of the raw resource supply lines are tuned to that area.

Manufacturing should absolutely be a focus of our economy, but it’s just one aspect of it. Our intellectual property is worth more than most countries. But we should absolutely have a manufacturing infrastructure that can pivot when needed.

Why would anyone want a manufacturing job unless it’s advanced manufacturing these days? I don’t think there’s a harm in buying cheap goods we don’t want to produce. We’re not going to tip the scale on our economy by trying to produce cheap stuff we don’t want to buy from other countries. We’re already the biggest economy in the world growing every year.

So by that logic, tanking the dollar only hurts us now. And Trump isn’t going to be here forever, the chances next administrations carry the touch for his unique vision of the country is probably slim, so a lot of this may be for nothing. The Supreme Court starts hearing the case to appeal the federal court decision that tariffs were unconstitutional in early November. So it may not even take that long.

[sahgwa]

My unprofessional opinion is that the dollar is being made to slowly crash on purpose, so that even faker money can be implemented.
The attempt is to 'erase' the trillions of US debt by moving the shell game into the klepto i mean crypto and CBDC/token blip bloop BS world. 
Then it will be based on micro amounts of gold that are so micro you cant redeem them if you want to.  
It benefits the Elites twice, one it gets rid of their debt, two the plebs will really own nothing after all the assets are placed under the digital token BS scheme .  
Bonus benefit is your funds can be deleted even easier and social compliance can be controlled China-style.
That's my opinion anyway. 
Give it 2 to 5 years and I hope i am wrong but no more cash and if you want to buy food you will have to have your bank accounts in official 'safe' federal klepto shits.

[putnam6]

Err wouldn't you think the Fed's chair that spoke today would have been a little less optimistic 
 

 Powell's speech today and recent data: Tariffs have had a limited, temporary impact on inflation so far, with slow pass-through to consumers. US tariff revenue has surged to over $165B in FY 2025. However, he noted risks of more persistent effects.

[annonentity]

The problem is that since the Dollar is the reserve currency, there are a heck of a lot of them in the world , the moment that it looks like it is under pressure people want to exchange their dollars for a more stable currency. The fact is that their is no stable currency except Gold and Silver. So when a panic sets in the demand for PM's will go ballistic. It looks like they might have done so. As there seems to be a great increase in demand for PM; s. Rather than let gold take all the heat, silver seems to be getting remonetized. 
 How will the financial institutions control this. ?   In the past they tried to ban the PM;s from the general public. Except as Jewlery and numismatics .Or let it go like Weimar Germany.. Rather than using a wheelbarrow full of notes to buy a loaf of bread. We now have digital. So it looks like the situation is already controlled. Most people don't think gold and silver is money like they did back in the day, so the amount of people holding same won't make much difference, by the time people wake up it will either be too expensive or unobtainable. China has pushed the issue by opening a Gold exchange in Hong Kong and Dubie, where the Chinese paper can be exchanged for gold if the transactor or the other party/country wants the metal instead. 
  Since Trump is the great Bankrupter, the USA  has a few options, Default ..Revalue gold to pay down the debt. Go to war and wipe the debt. In the past the third option was always the preferred option and probably still is.Considering the US military is massive. So while they are getting around to it they cant have an arbitrage between east and west , so as the clouds of war take shape  it looks like gold and silver will run as demand builds as the safest bet. Gold has already been better than the stock market, so now the big institutions will probably pile in as it might be the only game in town. It might take on the momentum bitcoin did as it is a tangible asset . Note not a mention of this in the controlled media so they do not want the masses thinking they can grab a few ounces to escape the financial certainties. planned for them.

[rickymouse]

The problem is that since the Dollar is the reserve currency, there are a heck of a lot of them in the world , the moment that it looks like it is under pressure people want to exchange their dollars for a more stable currency. The fact is that their is no stable currency except Gold and Silver. So when a panic sets in the demand for PM's will go ballistic. It looks like they might have done so. As there seems to be a great increase in demand for PM; s. Rather than let gold take all the heat, silver seems to be getting remonetized. 
 How will the financial institutions control this. ?   In the past they tried to ban the PM;s from the general public. Except as Jewlery and numismatics .Or let it go like Weimar Germany.. Rather than using a wheelbarrow full of notes to buy a loaf of bread. We now have digital. So it looks like the situation is already controlled. Most people don't think gold and silver is money like they did back in the day, so the amount of people holding same won't make much difference, by the time people wake up it will either be too expensive or unobtainable. China has pushed the issue by opening a Gold exchange in Hong Kong and Dubie, where the Chinese paper can be exchanged for gold if the transactor or the other party/country wants the metal instead. 
  Since Trump is the great Bankrupter, the USA  has a few options, Default ..Revalue gold to pay down the debt. Go to war and wipe the debt. In the past the third option was always the preferred option and probably still is.Considering the US military is massive. So while they are getting around to it they cant have an arbitrage between east and west , so as the clouds of war take shape  it looks like gold and silver will run as demand builds as the safest bet. Gold has already been better than the stock market, so now the big institutions will probably pile in as it might be the only game in town. It might take on the momentum bitcoin did as it is a tangible asset . Note not a mention of this in the controlled media so they do not want the masses thinking they can grab a few ounces to escape the financial certainties. planned for them.

I personally don't have much faith in Gold as a secure place to have my money.  It is too expensive at the time.  I don't understand how humans got so much belief in the value of it.  Silver seems to be a better investment, same with copper.  Both silver and copper are reasonably priced.  Who is going to have change for an ounce of gold if everything goes bust, I suppose and ounce of gold might get you a bushel of potatoes and a bushel of carrots, but so could a pound of silver which is way less money invested.  Ten pounds of copper would probably get that food too.

[annonentity]

I guess gold is just gold and silver is just silver the amount of time and effort getting it to a ready state for exchange is what it is really worth. Much the same as the time and effort in making a good chair.  Or growing some spuds.

[IdeomotorPrisoner]

Here is how much foreign currency one dollar will buy you, today, as compared to the beginning of the year:

[Image: https://denyignorance.com/uploader/image...-25-54.png]

I had to look up the numbers myself and make my own spreadsheet because the AI that I tried to use just flat-out lied.

Combine this with 1) inflated price of goods in the domestic market, 2) how much less gold $1 will buy you, and 3) how much less blue-chip stock $1 will buy you, and we have to ask:

Is the US dollar collapsing?

Opinions? It's economics, after all—it's all a matter of opinion.

NO! THE ECONOMIES FINE!

IT'S THE BEST IT'S EVER BEEN. IT'S SO HOT THE CORE OF THE SUN IS JEALOUS OF HOW HOT IT IS. BEST ECONOMY EVER! BEST ADMINISTRATION EVER! 

AND IT'S STILL BIDEN'S FAULT GAS IS AT ITS HIGHEST POINT SINCE JUNE 2022! AND IT'S NOT HYPOCRITICAL AT ALL TO COMPLETELY  IGNORE AND NOT BITCH ENDLESSLY ABOUT GAS PRICES THIS TIME AROUND.  

AND INFLATION IS DEFINITELY NOT HIGHER THAN 2024!

* All caps posting brought to you by Stockholm Syndrome