Iran Starts War with The Holy Dollar.
If your political views are right-leaning then your opinion of President Trump's actions may seem reasonable. Personally, I think he is doing some good things. I am seeing hypocrisy with how much opposition he is getting from other areas of the government. It seems like no one stopped Barrack Obama from making unconstitutional actions, but since Trump makes his own decisions he is a threat and must be stopped. Despite the fact that there is push back on Trump's actions, I think we are headed for a much bigger danger. For anyone who has awaken from sleep, you'd know that the US dollar is on its last legs. The moves away from the dollar are becoming more clear.
Today, there is talks about Iran completely removing themselves from the dollar. This comes at a time where tensions between Iran and Israel are becoming greater. Iran has already threatened to bomb Israel if they are attacked. Trump already imposed sanctions on Iran which they have disobeyed. China and Russia are also making moves to distance themselves from the dollar. The United States cannot afford another war, it can't even pay for the current ones. The United States is living completely off of debt. The Federal Reserve just raised interest rates right before Trump came into office and have three more interest rate hikes planned. Higher interest rates will be the reason the bubble bursts. We already starting to see the signs. After the last increase we can already see gold and silver rising in price.
I believe the end of the dollar is near. When the collapse comes the banks will no longer allow you to withdraw your money. They will confiscate your money to pay back the debt they owe. Everything is in place, the laws are written, and this is a very likely scenario. It would be wise to start pulling money out of the bank and moving it to assets that retain value. The products that you consume will begin to become more expensive. When the US government is not able to pay the interest on their debt, The Federal Reserve will begin inflating as much as they need to. All the products we get imported will cease and we will need to begin manufacturing our own goods again. As Jim Rogers likes to say, "Farmers will become the new billionaires".
The United States can't afford to be the policeman of the world anymore. We have 900 military bases in 130 countries around the world. The US government borrows 3 billion dollars a day, every day. The only option is to cut all spending, cut all taxes, bring our soldiers home, remove all the regulations, get people producing goods again, and go back to a gold standard. We could have a better world, but the people have to become aware of why we have so many problems. You can't solve a problem by trying to fix symptoms, you have to fix the root cause.
Please resteem, upvote, follow and comment.
Sincerely Yours,
@johnnyyash
Agree, completely.
All Eyes on Bitcoin!
Absolutely. I think it will go up higher than last time, but will come back down again, then go even higher.
I think so, too. It will become another great year for trader!
The bail-in laws are written and most people have no idea about it. There'll no doubt be wide-spread panic and pain.
I tend to disagree with going back to a gold "standard." While I certainly think a gold standard is leaps and bounds better than what we have today, I don't want an anything standard. I want the market to choose what to use as money, not some government bureaucrat. If the market chooses gold, great! If the market chooses crypto, great! If the market decides on several currencies, well that's fine too.
I'm not against the market choosing the currency, but it can't be inflationary.
Watch out how you remove your money. You could get put on a Suspicious activity report. Even if you remove less then $ 10,000
Hope you are doin alright man. I think about you sometimes and always appreciate what you share. I thought I was missing a lot of your posts, but now see that you just don't post as often, so I pray all is well on your end!
Yeah, I tend to jump around a lot on things. I enjoy writing but I dropped off for a little bit. But, I'd like to get back into posting here on Steem. I usually start writing as soon as a get an idea. Thanks for reaching out and I hope things are going well with you. Maybe i'll start writing a little more often.