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From Mark Moss

Video Description

Imagine waking up one day, grabbing your morning coffee, checking your bank balance, and realizing that everything you thought you knew about your money has changed, and it’s all… suddenly crashing.
Recent changes from the Federal Reserve in the US dollar monetary policy are shifting this and this future reality could be coming soon. Because…
The US Dollar, the world’s reserve currency, the backbone of global trade, and the very symbol of financial stability... is in trouble.
But what if I told you...the collapse isn’t just a fear for the future. It’s not coming but in fact… It’s happening right now, right under our noses
So in this video, let's look at:
  • The signs that show us the US Dollar is already collapsing?
  • How the collapse of the US Dollar will impact the global economy and financial systems?
  • Why you should care and what specific steps we can take to protect and grow our wealth during this collapse?
61 sats \ 0 replies \ @flat24 4 Sep
Thank you for sharing this information, the most incredible thing about all this is that most people 👥 are not realizing what is happening, they only see the rise in prices of products and services, and they think that working more solves the problem, and at the same time in economies inferior to the US and Europe people shelter what little they can in the dollar 💲 and meanwhile everyone is a slave to the FIAT system. Today I can embrace hope thanks to Bitcoin ⚡🍊
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This Mark Moss guy explains everything clearly. I dont know why, but he organizes it in a way that my mind works in.
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A bit sensationalist and doomsy (your worst fears are already happening) to my taste... some trends are a bit cherry-picked.
It would have been better to talk about the collapse of fiat rather than the collapse of the dollar to make his point. The dollar is doing fine compared to other fiat currencies (brics is nowhere to replace dollar-denominated global trade). And what about wages? If wages are automatically indexed to inflation (as is done in some countries), things are also more nuanced.
But still, the big picture is something to keep in mind. It was worth my watch.
I just try not to listen too often to simplistic views of something as complex as the world economy.
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I hear you on most of those points. The big picture point is the one people need to get and I thought he made it reasonably well.
On your last point, there aren't really any alternatives. A thorough treatment would be well beyond human understanding, so we need focus our attention on what we hope are good proxies for the whole picture. One of the reasons I like Moss is that he often brings in trends that aren't exactly what everyone else seem to be looking at.
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Hear hear.
I like Lyn Alden for these kinds of nuanced macro analyses. But it wouldn't fit in a simple 15-minute video to get all her points across.
Just realized @lynaldencontact gave an AMA two years ago here: #64293. Would be nice to have her back some time...
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