A dollar collapse is when the value of the U.S. dollar plummets. Anyone who holds dollar-denominated assets will sell them at any cost. That includes foreign governments who own U.S. Treasurys.
RE: Greg Hunter Interview: Peter Schiff -- U.S. Debt and Dollar Crisis Coming
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Greg Hunter Interview: Peter Schiff -- U.S. Debt and Dollar Crisis Coming
A U.S. dollar collapse also means that the purchasing power of the USD goes down and subsequently so does the standard of living of those locked into the USD denominated system.
Have a great week!
Steem on,
Mike
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