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by tomohelix
786 days ago
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For the dollar to collapse in this lifetime to the point you can benefit that way, it will take a major event that would also likely decimate the US real estate market. Maybe for your children's lifetime, if they are lucky. It took Britain nearly 100 years to deflate from its hegemon status. Argubly, with the size and natural advantages the US hold, it will take even longer for them to naturally fall from its top spot. |
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Nigerian Naira is down 75% in two years. How are property prices in Lagos in €£$?
Turkish Lira is down 80% in 4 years. How are property prices in Istanbul in €£$
shall I continue?
USD can absolutely have a 50%+ depreciation in next 5-10 years. That is completely possible. Will it lose reserve currency status? No absolutely not. There is no viable replacement. But when we measure in purchasing power or gold or other stable pricing reference it can happen and property prices will not fall in those terms.
Printing currency doesn’t strictly cause economic collapse in simply causes a loss in value and faith in the currency.