Skousen: Will the Dollar Crash? — “The pool of dollars is so much larger than any other country, they can inflate with near abandon and not have it come to hyperinflation”

World Affairs Brief, March 5, 2021 Commentary and Insights on a Troubled World.

Copyright Joel Skousen. Partial quotations with attribution permitted. Cite source as Joel Skousen’s World Affairs Brief (http://www.worldaffairsbrief.com).

Will the Dollar Crash? Dozens of free market economic writers and sellers of precious metals are predicting the imminent demise of the dollar, as the speculative markets in stocks and Bitcoin surge to record levels. I too am concerned about the uncontrolled money creation the FED is doing to bailout the elite as well as the common citizen hurt by the unnecessary pandemic shutdowns, but keep in mind that the FED has been secretly creating money for decades far in excess of what their public numbers claim. They have been shoveling trillions out the door to bail out European banks for years, not to mention all the pallets full of hundred dollar bills they have shipped to Russia and Middle Eastern countries to pay off oligarchs and warlords.

None of that is recorded. In short, the pool of dollars is so much larger than any other country, they can inflate with near abandon and not have it come to hyperinflation—at least for now. I think they will use the coming war to replace the dollar, however, for a new world currency (controlled by the globalists).