According to who was in the siege of the governments of New Zealand and the United States since the shutdown of Megaupload in 2012, the dollar is not to avoid collapse. This is due to the Federal debt of the United States. Internet entrepreneur believes that now is the time to purchase the cryptocurrency and gold. In particular, we are talking about growing US debt due to the deterioration of the Federal budget.
Bitcoinnews give a brief summary on the state of the U.S. economy:
theHowever, the events of 11 September 2001 triggered a global fight against terrorism, which by early 2004 the US national debt was 7 trillion; the
At the moment, the U.S. budget deficit is nearly a trillion dollars, and in the next decade, this figure will only grow. And it's just a dry rating excluding emergencies, potential wars or serious economic shocks. The market capitalization of Bitcoin is now 112,5 billion dollars, which just pales in comparison with the debt of the state. Monthly growth of the U.S. national debt exceeds the ENTIRE market capitalization of Bitcoin.
theThese data, in conjunction with many economic factors, and triggers can significantly devalue the US dollar. Perhaps this is already happening. USD inflation, consumer prices since 1998 was 53 percent, i.e. 2.7 percent per year. The increase in budget deficit will lead to higher interest rates on bonds, and that means re-start the printing press. Issue of new dollars will lead to giperplazia dollar, after which there will be a disaster for most participants in the global economy.
At the same time, according to Kim Dotcom, and gold should hold its value against the US dollar, so as to print them no one. More data to search for .
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