The value of a dollar is based upon what it can buy in the way of life's necessities. It doesn't matter to me if a set of hubcaps cost $1000 but rather how much a loaf of bread, a bag of rice, a chicken, or a gallon of milk cost. Next would be the cost of avoiding freezing to death. How much wood or stove pellets or electricity or natural gas or propane can I buy?
When we say a currency collapses we mean the vendor won't take it as payment for what he's selling. He wants something else. If he is a dairy farmer or refinery he may demand something that has international trade value. Maybe a different currency like the Euro or Yen. So he will sell to China or Europe but not to Vons or Shell. So the average American who has no means of trading currency internationally like George Soros or Elon Musk is stuck in a hard spot. In America in rural counties farmers markets and swap meets will fluorish. In downtown New York or LA or Chicago there will be turmoil. It won't matter if the government manages to keep sending out welfare or social security checks because the funds won't buy enough to live.
Consider your position. Think about a reality that has happened to wealthy countries in the past in terms that it could happen here. What gave you the idea that America was insulated from an economic collapse? We are not. It takes only a series of foolish and malicious decisions by the powers who control our wealth. Our wealth has always been our natural resources and our ability to use them for generating wealth. Timber, iron ore, beef, coal, natural gas and oil. Do you notice a common denominator in this list? It is that the progressive party, the one in power, has a literal war going against the use of these natural resources to generate wealth and livelihood for Americans.
Our currency has always been strong because it is the unit of measurement we accept as a nation for payment for commodities produced from natural resources that have great and intrinsic value. All the things I listed can be converted to buildings and fuel and food and things we need to live. When our government says to our producers we won't allow you to harvest and cut and mine and drill for these natural resources any longer because we think they are bad for the planet, then the very thing that our country rested on for its prosperity has been removed.
But people still need energy and fuel and hamburger and tools so the suppliers, in order to fulfill the demand, buy the products from China or Saudi Arabia or India. And the cost skyrockets. So the $1000 dollar wage or SS check or welfare check only buys 1/2 of what it bought last year or last month. Saudi Arabian oil producers say to themselves why should we accept dollars from Mobil oil when they are decreasing in value in the very economy that supports them. We Want payment in Yen. And they can't get Yen from America so they sell to China. And America desperately prints more money in an effort to purchase what we need and the cycle continues.
Donald Trump reversed the terrible effects of progressive policies overnight. We can come out of this quickly again. We simply need to begin using our natural resources again to generate wealth and stabilize our unit of currency.