Every single fiat currency in history backed by nothing has collapsed due to hyperinflation that destroyed these currencies and made them worthless.
Historical monetary facts tell me there is a 100% chance of US dollar collapse, and that this complete collapse that will forever restructure the wealth of families, will likely happen within the next 5 years. In fact, when you look at facts, the absurdity is not to believe that the US dollar will not collapse, but it is in fact, absurd to believe it will not collapse and will not collapse soon.
By JS Kim, Smart Knowledge U:
It’s quite ironic that people are still talking about the possibility of hyperinflation affecting the US dollar and the British pound sterling when in fact hyperinflation has already happened to both currencies. How else would you explain a 98.5% devaluation of the US dollar and a 99.5% devaluation of the British pound sterling since their inception? For example if you bought a house for $20,000 in 1913 US dollars, you would now need $1,000,000 equivalent 2013 US dollars to buy that same house. Is not the devaluation of $20,000 to have the same purchasing power as $1,000,000 hyperinflation. If not, then what is?
In the below video, I speak about why historical monetary facts tell me there is a 100% chance of US dollar collapse, and that this complete collapse that will forever restructure the wealth of families, will likely happen within the next 5 years. In fact, when you look at facts, the absurdity is not to believe that the US dollar will not collapse, but it is in fact, absurd to believe it will not collapse and will not collapse soon.