Will Dollar collapse due to Coronavirus?

[Baron]

Guess what can happen to Dollar without supplies from China. Numerous supply chains are dead.
Which branch of industry can survive at the longest? And Trump of course can forget to be reelected.


U.S. National Debt Clock : Real Time.

 

[rightwinger]

Could have a massive impact on the global economy

 

[Toro]

No.

The dollar is a safe-haven currency. People buy it when there is panic.

 

[ZZ PUPPS]

The risk is that the strong dollar imports deflation via safe haven, convexity and structural flows.

 

[Natural Citizen]

Fiat system is absolutely doomed to collapse. But it won't have anything to do with some virus. lol.

There's simply no specific or static definition of its unit of account. The dollar becomes worth less and less under the inflationary monetary policy. The very definition of the dollar is constantly changing as a consequence.

Americans have very, very little purchasing power. Very little.

 

[JGalt]

Naww. Our US dollars have a super-secret magical germ-killing effect. I regularly bathe myself in a bathtub full of twenty dollar bills, just to kill those nasty germs and viruses.

 

[tycho1572]

We have nothing to worry about with Trump in charge.

 

[Toro]

It’s probably a good idea to buy gold, especially if Bernie becomes President

 

[Indeependent]

China builds factories all the time, so can the US.

 

[Toddsterpatriot]

Fiat system is absolutely doomed to collapse. But it won't have anything to do with some virus. lol.

There's simply no specific or static definition of its unit of account. The dollar becomes worth less and less under the inflationary monetary policy. The very definition of the dollar is constantly changing as a consequence.

Americans have very, very little purchasing power. Very little.

The dollar becomes worth less and less under the inflationary monetary policy.

So move out of dollars and into something else.

 

[Toro]

China builds factories all the time, so can the US.

Not for 1/10th the cost.

 

[BuckToothMoron]

Guess what can happen to Dollar without supplies from China. Numerous supply chains are dead.
Which branch of industry can survive at the longest? And Trump of course can forget to be reelected.


U.S. National Debt Clock : Real Time.

The dollar may well get stronger. It is the reserve currency for the world, and no other fiat currency is stronger or more respected as a store of wealth. Of course Gold will be the real winner, as we have seen over the last few weeks. Other countries are buying gold, but not investors in the US. What do you think will happen to gold prices when people in this country start buying?

 

[Indeependent]

China builds factories all the time, so can the US.

Not for 1/10th the cost.

I know; it could be your days of not working for your money are gone.

 

[Dr Grump]

No.

The dollar is a safe-haven currency. People buy it when there is panic.

is this the first time you have changed your avatar, ever? Fairweather friend...;o)

 

[Toro]

is this the first time you have changed your avatar, ever? Fairweather friend...;o)

YNWA

 

[Dr Grump]

is this the first time you have changed your avatar, ever? Fairweather friend...;o)

YNWA

Unless you're a Man U fan...

 

[Toro]

Unless you're a Man U fan...

There's a special place in Hades for them.

 

[Crepitus]

We have nothing to worry about with Trump in charge.

Damn. Maybe I should change my vote to "yes".

 

[EvilCat Breath]

Democommiecrats are convinced that they can blame Trump for coronavirus.

 

[Baron]

Guess what can happen to Dollar without supplies from China. Numerous supply chains are dead.
Which branch of industry can survive at the longest? And Trump of course can forget to be reelected.


U.S. National Debt Clock : Real Time.

The dollar may well get stronger. It is the reserve currency for the world, and no other fiat currency is stronger or more respected as a store of wealth. Of course Gold will be the real winner, as we have seen over the last few weeks. Other countries are buying gold, but not investors in the US. What do you think will happen to gold prices when people in this country start buying?

Question: What USA can manufacture in the time when almost all supply chains depend on Chinese supplies?
If the situation with the Coronavirus continues most of companies go bankrupt
The chaos arises..