@wrapper said in Roadmap for US Dollar?:
For the technical and development community - What is the Dollar currently capable of and what are the technologies or upgrades planned for future implementation?
I’m new here. Sadly I don’t get the joke. Unless it’s the obvious one: The only roadmap for the dollar is straight down in terms of buying power and it has always been straight down since the issuance of USD was handed over to the so called ‘Financial Elites’.
[Just a side point here but why do we always use the term elites? It suggests supremacy/superiority, when all they have done is inherited massive amounts of generation wealth (that is so absurdly large they cannot possibly spend it) from sociopathic (at best) parents or grandparents who, through chance or in most cases, outright corruption, attained a monopoly on one or more industries. That they choose to only seek more power and more wealth and to cause more oppression and suffering renders them inferior (massively so) in my eyes.
Addressing both points, the dollar is only capable of further inflation (or deflation as is perhaps more accurate - loss of buying power) and/or total collapse. The trend is totally irreversible. Since the federal reserve was created 96% of its buying power has been decimated. After the Global financial crisis, austerity, careful political and monetary planning (if such things exist) we have seen US and UK debt quadruple as opposed to decrease. And now the petrodollar is doomed what with China offering to buy Oil in Yuen and then covert immediately to gold. The petrodollar is the only thing that caused the necessity for national central banks to hold USD and thus print the dollar into oblivion and fund the monstrosity that constitutes the Military Industrial Complex (another beautiful piece of financial ‘elite’ entrepreneurship I’m sure).
STRAIGHT DOWN
Assuming it’s a 3D roadmap which can convey up and down as well - it should be ok.
Ok, that’s the totally pessimistic side. Now on the other hand one thing to consider is that the US has become, through the advent of ‘shale oil extraction’, a net exporter of oil. So in some ways does this mean the US government (extension of the elites) isn’t as reliant on the ‘petrodollar’ and that the China/gold thing isn’t that much of a threat?
Sell as much oil as you want… alleviate the dependency… it won’t help. If nobody needs to hold dollars in order to buy oil they won’t hold dollars. The rest of the world lost faith in the dollar as soon as it was decoupled form the gold standard and hence demanded their gold back. But it wasn’t there…
So, there is no faith in the dollar. And if there’s less demand or need to hold it nobody will. That ‘downward’ driving factor is in addition to the fact that the banking families will push for more printing to infinity of the dollar in the way of more public debt to add on the the absurd 20 trillion they’re already saddled with.
STRAIGHT DOWN