Why The U.S. Dollar is COLLAPSING - How to Prepare For It

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The U.S. Dollar has been the world's reserve currency since 1944, and since former President Nixon took the U.S. dollar off the gold standard, meaning it was no longer backed by gold, our currency has become known as the petrodollar, in which its primary value was tied to oil.

The lifespan of most reserve currencies is about 100 years, and the time for the U.S. Dollar is almost up as the BRICS nations (Brazil, Russia, India, China, and South Africa) are uniting to form their own currency in an attempt to stray away from the U.S. Dollar as the main form of trading. For a country that has been the leading economic force for many years, this is a scary time for Americans.

The U.S. government is likely to introduce their very own form of digital currency, as well as a platform to trade it all on, and we're going to eventually be on the path of not using cash anymore, but rather this new U.S. government cryptocurrency. They'll be able to track, trace, and manage everything you do with your money.

But what can YOU do to prepare for it? I explain that in the video. Let me know of any questions or thoughts you have in the comments, and thanks for watching!

0:00 - 1:04 The Situation
1:05 - 1:53 U.S. Dollar Left the Gold Standard
1:54 - 3:00 Bretton Woods Agreement and Why We're Losing Value
3:01 - 4:14 Why the U.S. Dollar is Valuable
4:15 - 5:13 Why the Dollar is Going Away
5:14 - 6:39 Government Control
6:40 - 7:35 How to Prepare
7:36 - 8:01 Outro

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