It starts with hyperinflation in the USA!

You have been warned!

The dollar is no longer safe haven!

DollarCrash.eu - By Mikkel Roland Egesberg: I will try post it here, when I have the stamina to do so, but this has all to do with the printing of money ,"QE2", and hyperinflation therefrom, plus the rising producer-prices abroad. This may only seem like an economic problem for the USA, but it goes far beyond, it political and has to do with the US's status as a superpower on this planet, where USA has been described at a hegemon, a superpower, moving from bipolarity with the Sovjet then into a unipolar World, but with USA losing the war of Afghanistan, this looks more and more like a multipolar World, with no clear superpower as a whole, but Countries/Federations/Companies/Organisations that do well with-in a certain area of expertice.

More money (Check below) chasing the same amount of goods and services, or less (because of COVID-19):

Based on these charts above, it looks like EuroDollar (included in M3, but not M1) has come back to the US's economy, notice the M1 (US dollars inside the US) has been lower than the M3, because of US dollars stored abroad (EuroDollars included in M3 Money supply), but now they are almost both at 20.000 billions, so it looks like all US dollars from abroad, has been shipped back to the US!

My hope is to make a forum, so I can bash some rednecks in debates :)

This is the once proud Motor-city home of the BIG-3: "GM (Government Motors), Chrysler, Ford":

Dollar-Crash?

By Mikkel Roland Egesberg: I have been saying this since pretty much year 2000/2001, the comming Dollar-crash, because of what I saw as what PAUL KENNEDY, a British historian (Yale), calls “imperial overstretch” in his book: “The Rise and Fall of the Great Powers”, short descriped how I understand it: it says that Great powers speends too much money on military abroad, that they live beyond means and forget their local economy...Since I wrote my report "EU - a superpower?", the EU has gained more members, but lost the UK, where as the US seems to be dragged into one war after another: Iraq, Afghanistan, Ukraine?, Israel?, Taiwan?, while China just seems to be betting on making investments on many sites of the planet, to secure resources for their economic input:

The Belt and Road Initiative (BRI, or B&R[1]), known within China as the One Belt One Road - it's a global infrastructure development strategy adopted by the Chinese government in 2013 to invest in more than 150 countries and international organizations.

And if that wasn't enough we now see the rise of the BRICS, and we even hear talks of a future combined currency?:

(Reuters- August 24, 2023) - (shortened) "Brazil's President, Luiz Inacio Lula da Silva, called...for the BRICS (Brazil, Russia, India, China and South Africa.) nations to create a common currency, as a means of reducing their vulnerability to dollar exchange rate fluctuations. He has also advocated for a common currency in the Mercosur bloc of South American countries..."

Is China doing a common currency with the BRICS? Or is it doing it alone? Or will the BRICS bet on this solution for them all, a Chineese Dollarization (Dollarization is about spreading the US Dollar down the throat on as many nations and companies as possible, so the USA can print as much currency as possible, ceteris paribus, while getting lower domestic inflation, and making the seigniorage work as an "inflation tax" on everybody using the US DOllar currency..in short the more nations/companies that use your currency, the less inflation will come from printing more money.. (This one is biased, M*V=P*Y, since it does not take into account, whether 1 person or 1 mio. persons or bigger units (economies) are using the curency! BY Mikkel Roland Egesberg.. If you print 1 trillion. USD and 321 Million Americans + world is using it, that's one thing, but if USA disintegrates e.g. because of a DollarCrash and only Florida is the only one using the currency, then one could expect: 1. a lower currecy, because of less Demand, ceteris paribus, and 2. A higher inflation rate, because if you buy a car from China, converting US Dollars into Renminbi, it's domestic USD price in the US will rise, because the US dollar is worth less, making the people of Florida have to pay even more, so that the US dollar citizens are taxed by an "inflation tax indirectly!), ceteris paribus).

In 2019, China began piloting its central bank digital currency, known as the e-CNY. Former People’s Bank of China (PBOC) governor Yi Gang said in July that total transactions had reached 950 million with a cumulative value of 1.8 trillion yuan (US$249.9 billion) by the end of June, up from 100 billion yuan (US$13.9 billion) the previous August.

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