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RE: Are Cryptocurrencies Really a Threat To The US Dollar? By Gregory Mannarino
Unless the military is used to bring in a new currency. And what makes you think the military is going to defend our currency? When did that become their job?
The military is used to protect a country's interests. They will be ordered when necessary to fight, especially to maintain the relevance of the US dollar as the reserve currency. Just imagine what would happen if the US military didn't defend the currency. US dollars outside of the US would return to the US chasing after a limited amount of goods causing hyper inflation because other nations wouldn't need that many US dollars anymore. Also, the soldiers would be highly motivated to fight because by defending the US dollar, they are defending their own finances, they would not want the value of their hard earned money to hyper inflate.
I believe the elite want a new one world currency. It would be easier for them to control. The 2018 cover of the Economist Magazine showed a phoenix rising from the ashes of burning dollars. A gold coin was around the neck. I do not see the military defending our dollar. The dollar had depreciated in value since the Federal Reserve took over our currency. It is worthless. You would be better off in silver and gold.
I agree with you on us being better off by converting our dollars into precious metals because the dollar is constantly depreciating in value over time, and one day the US dollar may be replaced because of this depreciation, with precious metals we'll be able to convert it into the new currency if need be. However, I do believe the replacement of the US dollar (in terms of the currency used in the US) will be another fiat currency, unless US citizens completely oppose it and strongly support an alternative for it. Regarding the one world currency, I'm quite skeptical of it, as elites of other countries would have trouble surrendering control of their country to the elites of the US.