Easiest way to show someone the dollar is going to collapse?

[Havax]

I have a bunch of friends all think I'm crazy, and I just don't know where to start. If you could give me one, video and/or article or graph that would best convince them it's inevitable, what would it be? Looking for something simple - they aren't going to read a book.

Thanks.

[mmink15]

Dollar vs price of gold since Fed started in 1913 is easiest way.

http://www.nma.org/pdf/gold/his_gold_prices.pdf

[Travlyr]

It is as plain as the nose on your face.

Infoplease. The Shrinking Value of the Dollar (http://www.infoplease.com/ipa/A0001519.html)

[ZenBowman]

Record yourself saying it will collapse, and then when it collapses play it back and tell them "I told you so".

[bolil]

Or you could resort to simple logic. I have one dollar. You have one dollar. We both worked for, that is to say created wealth for, our dollar. The fed prints a trillion dollars... what happens do the dollars we have
?

[Zippyjuan]

Nobody can say what will happen in the future. Could collapse- possible. When? Nobody knows. Will it for sure? Again- nobody really knows- it might or it might not. How long are you willing to wait? If it happens, it will probably be quick though. You will know when if everybody is panicking.

[Travlyr]

Nobody can say what will happen in the future. Could collapse- possible. When? Nobody knows. Will it for sure? Again- nobody really knows- it might or it might not. How long are you willing to wait? If it happens, it will probably be quick though. You will know when if everybody is panicking.
It has already collapsed for a lot of people. As time goes on it will collapse for more and more people until we reach a critical mass of understanding.

[bolil]

CAN A FIGMENT COLLAPSE?

[Sam I am]

Dollar vs price of gold since Fed started in 1913 is easiest way.

http://www.nma.org/pdf/gold/his_gold_prices.pdf

Proof that the dollar is going to collapse sometime in the early 80s

[emazur]

The entire federal budget will be consumed by entitlements and interest on the debt by 2025. Money for everything else, such as defense, will have to be borrowed. That situation cannot last for long and it's quite possible a dollar collapse would occur before 2025
http://bipartisanpolicy.org/sites/default/files/FINAL%20DRTF%20EXECUTIVE%20SUMMARY_0.pdf
http://i.imgur.com/iaR6g.jpg

[ronpaulfollower999]

Compare the price of gas, bread, car, etc from 1970 to today.

[brandon]

I have a bunch of friends all think I'm crazy, and I just don't know where to start. If you could give me one, video and/or article or graph that would best convince them it's inevitable, what would it be? Looking for something simple - they aren't going to read a book.

Thanks.


"The problem with the world is fools and fanatics are all so sure of themselves, while wiser people are full of doubts."

Maybe you are coming off as a little crazy if you're claiming to be able to predict the future. A dollar collapse in our lifetime is just one unlikely possibility of the way things could turn out.

[ronpaulfollower999]

http://grandfather-economic-report.com/cpi-1800.gif

Should probably tell your friends to turn off the tv

http://finansiellainsikter.com/wp-content/uploads/2011/02/Baghdad-Ben.jpg

[azxd]

The dollar will not collapse ... But it will continue to loose value on the global market.


United States
During the Revolutionary War (http://www.ronpaulforums.com/wiki/American_Revolutionary_War), when the Continental Congress (http://www.ronpaulforums.com/wiki/Continental_Congress) authorized the printing of paper currency called continental currency (http://www.ronpaulforums.com/wiki/Continental_(currency)), the monthly inflation rate reached a peak of 47 percent in November 1779 (Bernholz 2003: 48). These notes depreciated rapidly, giving rise to the expression "not worth a continental."

A second close encounter occurred during the U.S. Civil War (http://www.ronpaulforums.com/wiki/U.S._Civil_War), between January 1861 and April 1865, the Lerner Commodity Price Index (http://www.ronpaulforums.com/w/index.php?title=Lerner_Commodity_Price_Index&action=edit&redlink=1) of leading cities in the eastern Confederacy states increased from 100 to over 9,000.[29] (http://www.ronpaulforums.com/#cite_note-28) As the Civil War dragged on, the Confederate dollar (http://www.ronpaulforums.com/wiki/Confederate_States_of_America_dollar) had less and less value, until it was almost worthless by the last few months of the war. Similarly, the Union government inflated its greenbacks (http://www.ronpaulforums.com/wiki/Greenback_(money)), with the monthly rate peaking at 40 percent in March 1864 (Bernholz 2003: 107).[30]
(http://www.ronpaulforums.com/#cite_note-cato.org-29)
http://en.wikipedia.org/wiki/Hyperinflation

Research inflation & hyperinlfation,
Then start showing examples of what is wrong with our fiat currency system.

[Travlyr]

The dollar will not collapse ... But it will continue to loose value on the global market.

Research inflation & hyperinlfation,
Then start showing examples of what is wrong with our fiat currency system.
Who? The question is not when, where, or how? The question is who? Who loses value everyday? Hint: It is not Washington D.C. insiders.


"Banking was conceived in iniquity and born in sin. Bankers own the Earth. Take it away from them but leave them the power to create money, and, with the flick of a pen, they will create enough money to buy it back again. Take this great power away from them and all great fortunes like mine will disappear and they ought to disappear, for then this would be a better and happier world to live in. But, if you want to continue to be the slave of the bankers and pay the cost of your own slavery, then let the bankers continue to create money and control credit." - Sir Josiah Stamp, President, Bank of England (2nd richest man in England)

"By this means government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft." - Lord John Maynard Keynes, "Economic Consequences of Peace"


"In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold. The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves. This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights." - Alan Greenspan, Gold and Economic Freedom

[azxd]

Worth 2 hours of your time.


http://www.youtube.com/watch?v=7yerKMQc7-w

[Travlyr]

Worth 2 hours of your time.


http://www.youtube.com/watch?v=7yerKMQc7-w
Yep. CitiBank, Bank of America, The IMF, et. al. destroyed Argentina's economy.

[fisharmor]

http://georgewashington2.blogspot.com/2011/08/average-life-expectancy-for-fiat.html
http://www.resourceinvestor.com/2011/01/24/is-this-time-different-for-the-dollar
http://www.freedomsphoenix.com/News/094165-2011-08-02-the-average-life-expectancy-for-a-fiat-currency-is-27.htm

The average lifespan of a fiat currency is 27 years.
Our fiat currency is 41 years old.

Point #1: We're overdue.
Point #2: Our fiat currency has already lost 97% of its original value.
Who is saying "is going to" here?
It has collapsed. The only remaining question is how much more it can take before it's scrapped.

[satchelmcqueen]

tell him a pre 65 dime is worth almost $4 in the silver content its made of. money backed by gold still has value. the dime we have today (or paper money) is backed by debt. thats why it takes almost 4 of those paper dollars to equal the same value as 1 dime from pre 65. so if our dollar was still backed by gold, and NOT debt, a gallon of gas would cost just 10 cents today.

[sevin]

Peter Schiff talks about it a lot and believes the dollar will be massively devalued in just a few years. I can't think of a particular clip right now, but look him up on Youtube. He points out that if they keep interest rates this low, there will be hyperinflation. The numbers don't lie. But if they raise interest rates, then after paying the interest on the debt there won't be enough tax dollars left to pay for things like social security and medicare. We're screwed no matter what.

[Athan]

I have a bunch of friends all think I'm crazy, and I just don't know where to start. If you could give me one, video and/or article or graph that would best convince them it's inevitable, what would it be? Looking for something simple - they aren't going to read a book.

Thanks.

Its better to tell them that the future of its contination is unlikely. Mathmatically we can't pay off our debt if we only make around 2 Trillion in annual revenue.
It may not be an outright collapse. They may try to "switch" currencies on us like what happened in Mexico 20 years ago with their peso hence the "Amero" rumors.

[musicmax]

Ask him two questions in succession:

1. If you had a million ounces of gold, would you be a wealthy man?
2. If Ben Bernanke could create seven trillion ounces of gold without resources or labor, would your million ounces of gold still make you a wealthy man?

[Zippyjuan]

Its better to tell them that the future of its contination is unlikely. Mathmatically we can't pay off our debt if we only make around 2 Trillion in annual revenue.
It may not be an outright collapse. They may try to "switch" currencies on us like what happened in Mexico 20 years ago with their peso hence the "Amero" rumors.

You can't pay it off in one year mathematically but theoretically you can pay it off over time. Assuming that the government could consistantly run a surplus and put the extra to debt reductions- like trying to pay off your house. You can't do it this year (which is why you borrowed to buy it in the first place) but over time it can get done. That is a very huge IF the government can run a surplus for an extended period. Possible- yes. Likely- not very likely at all.

[DamianTV]

It isnt possible to pay it off PERIOD.

If no money ever existed, and you print up money out of thin air, and Loan it to someone, say $100, and charge 10% interest, the total debt is $110 bucks, but only $100 bucks is in existence. So even if you pay off the Principal, you're left with the extra debt created by the Interest. In that regard, it is mathematically impossible to ever pay it off without taking out a New Loan, just to pay the interest, which is nothing more than Perpetual Debt.

First and foremost, we need to point out that the US Government does NOT print its own currency. The Federal Reserve Bank does this. The Federal Reserve Bank is NOT part of the US Government. It is no more Federal than Federal Express. The Federal Reserve BANK is what we call a Central Bank. Central Banks control the issue of a Nations Currency, and are NOT CONTROLLED by their respective Governments. IE, the President of the United States, Supreme Court, and Congress DO NOT HAVE THE AUTHORITY to FIRE Ben Bernanke because the Federal Reserve BANK (notice I keep referring to them as a Bank, not part of the Federal Government) is NOT part of the Federal Government. That needs to be understood first and foremost before anything else will make sense. The Federal Express, ahem, Federal Reserve Bank LOANS the currency it creates AT INTEREST to the US Government. Thus, more Debt exists (because of the Interest) than currency was created. As a result, it is IMPOSSIBLE to ever pay off the full ammt of the Debt.

@Athan, is any of this helping you out?

[Carson]

This.VVV

[Carson]

Ask him two questions in succession:

1. If you had a million ounces of gold, would you be a wealthy man?
2. If Ben Bernanke could create seven trillion ounces of gold without resources or labor, would your million ounces of gold still make you a wealthy man?

My question is why can he pull something out of somewhere and sell a bucks worth and not pay capital gains taxes, but when we do we get taxed?

This detail has always led me to believe that the central bank is not inside of the country.

[Zippyjuan]

It isnt possible to pay it off PERIOD.

If no money ever existed, and you print up money out of thin air, and Loan it to someone, say $100, and charge 10% interest, the total debt is $110 bucks, but only $100 bucks is in existence. So even if you pay off the Principal, you're left with the extra debt created by the Interest. In that regard, it is mathematically impossible to ever pay it off without taking out a New Loan, just to pay the interest, which is nothing more than Perpetual Debt.

First and foremost, we need to point out that the US Government does NOT print its own currency. The Federal Reserve Bank does this. The Federal Reserve Bank is NOT part of the US Government. It is no more Federal than Federal Express. The Federal Reserve BANK is what we call a Central Bank. Central Banks control the issue of a Nations Currency, and are NOT CONTROLLED by their respective Governments. IE, the President of the United States, Supreme Court, and Congress DO NOT HAVE THE AUTHORITY to FIRE Ben Bernanke because the Federal Reserve BANK (notice I keep referring to them as a Bank, not part of the Federal Government) is NOT part of the Federal Government. That needs to be understood first and foremost before anything else will make sense. The Federal Express, ahem, Federal Reserve Bank LOANS the currency it creates AT INTEREST to the US Government. Thus, more Debt exists (because of the Interest) than currency was created. As a result, it is IMPOSSIBLE to ever pay off the full ammt of the Debt.

@Athan, is any of this helping you out?

The Chairman of the Federal Reserve and all the members of the Board of Directors must be nominated by the President and aproved by consent of Congress- like any other government position. It would probably be difficult (and has not been tried) but a Chairman can be removed by the President for "just cause"- whatever that means. http://www.minnpost.com/eric-black-ink/2011/11/could-president-gingrich-fire-fed-chair-bernanke

The Fed is suspposed to be independent in its operations- imagine if the President or Congress was given the powers of money the Fed has.

[Danke]

The Chairman of the Federal Reserve and all the members of the Board of Directors must be nominated by the President and aproved by consent of Congress- like any other government position. It would probably be difficult (and has not been tried) but a Chairman can be removed by the President for "just cause"- whatever that means. http://www.minnpost.com/eric-black-ink/2011/11/could-president-gingrich-fire-fed-chair-bernanke

The Fed is suspposed to be independent in its operations- imagine if the President or Congress was given the powers of money the Fed has.

Ya, money has nothing to do with who gets elected, or assassinated.

[Travlyr]

Ya, money has nothing to do with who gets elected, or assassinated.
Ahhh... yeah. Sure. Okay.

[Zippyjuan]

Ya, money has nothing to do with who gets elected, or assassinated.

Somebody got assassinated?

[enoch150]

I have a bunch of friends all think I'm crazy, and I just don't know where to start. If you could give me one, video and/or article or graph that would best convince them it's inevitable, what would it be? Looking for something simple - they aren't going to read a book.

Thanks.

Here you go.

http://i45.tinypic.com/qye1bs.png

[DamianTV]

Her ass meant nothing to me! Er, wait, thats Harassment, not Assassination. Makes an ass of U and Me. No, my bad, thats "assume". Ok, two asses can not get it in in a nation!? Help me out here!

[DamianTV]

The Chairman of the Federal Reserve and all the members of the Board of Directors must be nominated by the President and aproved by consent of Congress- like any other government position. It would probably be difficult (and has not been tried) but a Chairman can be removed by the President for "just cause"- whatever that means. http://www.minnpost.com/eric-black-ink/2011/11/could-president-gingrich-fire-fed-chair-bernanke

The Fed is suspposed to be independent in its operations- imagine if the President or Congress was given the powers of money the Fed has.

Yeah, just imagine. They would be held accountable by the People! What accountability does teh Federal Reserve Chairman have to the people, if our Criminal Congress and nearly every politician are all in kahootz?

[Zippyjuan]

Yeah, just imagine. They would be held accountable by the People! What accountability does teh Federal Reserve Chairman have to the people, if our Criminal Congress and nearly every politician are all in kahootz?
They would do whatever it took to help them get re-elected. Economy slow? Crank up the printing presses. Spending too much? Just print out more money. Inflation? Somebody else's fault so don't worry about it. Is that really a better way to run things? I don't think so but that is just me. I think independent is a better way to go than that.

[DamianTV]

Well it sure as hell isnt better than allowing a Private Bank to control, and charge us interest, on our money supply. Congress treats the Federal Reserve Bank like a Credit Card with no spending limit anyway, so whats the difference between having a Bank control issue of the money or Congress to control issue of the money, except accountability?

[RickyJ]

I have a bunch of friends all think I'm crazy, and I just don't know where to start. If you could give me one, video and/or article or graph that would best convince them it's inevitable, what would it be? Looking for something simple - they aren't going to read a book.

Thanks.

Really you don't need friends like that. If they don't value your opinion and think you are nuts when you have facts on your side, then dump them as friends, because they aren't really your friends.

If your friends aren't going to read a book, then show them the documentary "The Money Masters". And why won't your friends read a book?
Are they all blind?

[Philhelm]

They would do whatever it took to help them get re-elected. Economy slow? Crank up the printing presses. Spending too much? Just print out more money. Inflation? Somebody else's fault so don't worry about it. Is that really a better way to run things? I don't think so but that is just me. I think independent is a better way to go than that.

With competing currencies?

[Domalais]

I have a bunch of friends all think I'm crazy, and I just don't know where to start. If you could give me one, video and/or article or graph that would best convince them it's inevitable, what would it be? Looking for something simple - they aren't going to read a book.

Thanks.

I would say your actions are the most convincing thing that you can show them. When do you think it will collapse? If you believe hyperinflation is imminent, then of course you've taken out as many loans as banks will provide you, and maxed out all credit cards to buy gold and other stores of wealth. It'll be so easy for you to pay all of those back after the value of the currency collapses, since they're all denominated in dollars...