What Will Happen to the U.S. Dollar

This article would like to introduce some of the dilemmas that the dollar may have. This is related to risk, it affects short-term and long-term operation and profitability, so it is a topic that occurs especially in the business world. However, elements such as stability, acceptability, anonymity in the United States are the main elements that make current and future US dollars the world's preferred currency, but the latest trends in the global market are globalized markets, Other currencies may not always be "priority currencies".

"Compare the crypto currencies such as the US dollar, the dollar is equivalent to one dollar, because the US government is saying that since currency traders have established it compared to other currencies, Value ... ... like the US dollar, they are based on common consensus of everyone, their value is worth their dollars are myths "The market value of gold of 10 trillion dollars is necessarily required by metal technology It is not ridiculous. Drive, but the desire to save wealth. You can not buy food using gold, but what you can do is to buy gold, keep it under the trust of your child, and exchange money for legal currency to buy groceries. At some point in the future. Given that the average life expectancy of legal bidding is only 27 years, it may not be the case for most assets in the world.

Something new happened 46 years ago. The US government suspended the conversion from dollar to gold. Therefore, the use of rare currency such as gold was excluded. The US government regards this as a feature. It makes money more flexible, and the government, in particular the Fed, can better support the economy in a more flexible way. Although Fiat currency is an exchange medium, it is not a pseudonym, it is not instantaneous, it is not a precious storage place. When Americans want to buy something from Asians they can meet directly, exchange cash, or send cash by mail. It takes a few weeks and it is very dangerous as the package may be lost.

Understanding that the dollar is also an illusion may not be easy. They are also mainly composed of figures in cyberspace. While paper and coins are sometimes stored in banknotes and coins, the dollar they represent is not important, although paper and coins are important. The dollar is not supported by a belief in accepting it as a stupid thing of payment and by anyone other than the other fool who agreed to accept it as payment. The main difference is that, at least for now, in the case of the dollar, the illusion is believed to be wider and more intense.