<center>![Screenshot_20230202_193437_Chrome.jpg](https://images.hive.blog/DQmVJu85CTzLd3NmTXYbGKSiuCPT3WsvDtxNmNVtWcP3xfm/Screenshot_20230202_193437_Chrome.jpg)
[SOURCE](https://internationalman.com/wp-content/uploads/2015/03/Dollar-Collapse.jpg)</center>

The United States Dollar (USD) has been the world's reserve currency for decades and has served as the backbone of the international financial system. It is widely used for international trade and investment, as well as being the primary currency held by central banks and financial institutions. With US dept rising faster than my blood pressure and many countries now looking for alternative ways to trade, could the death of the USD be just over the horizon? In this blog, ill make a few bould assumption, all of which are plausible mind you, and see how this watershed moment can and will change our lives forever. 

**<center> So what could cause the death of the dollar?</center>**

There could be several reasons why the USD is no longer the world's reserve currency. The most likely cause is a decline in the economic and political power of the United States. This could be due to factors such as a prolonged period of economic stagnation, increasing government debt, and declining confidence in the U.S. government's ability to repay its debts.

<center>![Screenshot_20230202_194143_Chrome.jpg](https://images.hive.blog/DQmWz17XbnTP18ZLkhaRCZYwGrtePvExKs1JGSTt7THXS4x/Screenshot_20230202_194143_Chrome.jpg)
[SOURCE](https://images.wsj.net/im-403569?width=1280&size=1.33333333)</center>

Another possible cause is the rise of alternative currencies such as the Chinese Renminbi (RMB) or more likely a mixed bag of currencies proposed by the BRICS nations. These currencies have become increasingly prominent on the international stage as their economies continue to grow and become more integrated with the global financial system.

<center>![Screenshot_20230202_194435_Chrome.jpg](https://images.hive.blog/DQmdRdjjhcefoM3sUqsoAttsUFWc7g3VFZcoimnA3CRAi2n/Screenshot_20230202_194435_Chrome.jpg)
[SOURCE](https://images.moneycontrol.com/static-mcnews/2019/07/brics1.jpg?impolicy=website&width=1600&height=900)</center>

If the US dollar were to lose its status as the world's reserve currency, it would have a significant impact on the global economy. Here are some of the key ways in which the world would be impacted:

+ **Decline in demand for US Treasury bonds:** The US dollar's status as the world's reserve currency has made US Treasury bonds a popular investment for countries around the world. If the US dollar were to lose its status, demand for these bonds would likely decline, causing interest rates to rise and the value of the dollar to fall.

+ **Increased competition among currencies:** With the US dollar no longer the dominant currency, other currencies would likely gain in popularity and become more widely used as a reserve currency. This could lead to increased competition among currencies and greater volatility in exchange rates. Central banks and financial institutions that once held large amounts of USD as a reserve asset would likely seek to diversify their holdings, leading to a rise in the importance of alternative currencies 

+ **Shift in trade patterns:** The US dollar's status as the world's reserve currency has made it the dominant currency in international trade. If the US dollar were to lose its status, trade patterns would likely shift as other currencies gain in popularity and become more widely used in international transactions.

+ **Changes in the global financial system:** The US dollar's status as the world's reserve currency has made it the centerpiece of the global financial system. If the US dollar were to lose its status, the global financial system would likely change as well, with new financial systems and instruments emerging to replace the current system. This could result in higher inflation and interest rates in the United States, making it more expensive for the government to borrow money

+ **Impacts on US economy:** The US economy would likely be impacted by a loss of the US dollar's status as the world's reserve currency. The decline in demand for US Treasury bonds and the fall in the value of the dollar would likely result in higher interest rates and inflation, which could slow economic growth and lead to increased debt levels.

It doesnt take a genius to see that things are currently in play and that one if not all of these factors could come home to roost pretty soon, and when just one of them does, in the words of  *Porky Pig* - **"Th-th-th-that's all, folks!"**

<center>![Screenshot_20230202_195707_Chrome.jpg](https://images.hive.blog/DQmeA568Ze3emeQpYDBXf8KoRrFmKzJ32dfUJJy4kqfT62N/Screenshot_20230202_195707_Chrome.jpg)
[SOURCE](https://maniacallabs.com/2020/10/17/the-end-of-an-era/!header.jpg)</center>

The loss of the USD's status as the world's reserve currency would have a profound impact on the global financial system and international trade and investment. The decline in the value of the USD would likely lead to higher inflation and interest rates in the United States, as well as a reduction in U.S. economic growth. At the same time, the rise of alternative currencies such as the RMB or BRICS option would likely lead to a shift in the balance of power in the global financial system and an increase in demand for exports from these countries. 

<center>![Screenshot_20230202_200458_Chrome.jpg](https://images.hive.blog/DQmYYHDXS9XXkoxQrB9b8X8CcBSXmQeE1UBEHWNUEYsAdFc/Screenshot_20230202_200458_Chrome.jpg)
[SOURCE](https://www.wealthandfinance-news.com/wp-content/uploads/2022/03/Precious-Metals.jpg)</center>

It is important that for future wealth preservation and any potential investor to carefully consider the possiblle consequences of such a scenario and to take steps to prepare for the possibility of a changing international financial landscape. Bonds, shares, stocks basically any investment holey contained within the United States will suffer immeasurable losses. Basically you can kiss goodbye to your money.... but there is a very simple solution that is accessible to you right now, still at a reasonable cost. 

**GOLD and SILVER** specifically offer a decent hedge against the collapse of the dollar. This is because foreign banks, particularly the likes of RUSSIA, CHINA and the likes have been hoarding the shiny metals preparing for a switch over. Gold and silver should hold their value, measured in any new reserve currency, and could be sold at incredibly inflated prices when measured in USD. 

Im not saying sell the house to buy precious metals just yet, but would it really hurt you financially to go and invest in an ounce or 2 of gold and a few tubes of silver?? Youll thank me later I promose......

<center>![Screenshot_20220214-214651_Chrome.jpg](https://images.hive.blog/DQmZP2jC4LH2SBXTKPcY2vSYmwpzBwqm3sSFRMmqYUZEvuQ/Screenshot_20220214-214651_Chrome.jpg)</center>

40+yr old, trying to shift a few pounds and sharing his efforsts on the blockchain. Come find me on [STRAVA](https://www.strava.com/athletes/20624817) or actifit, and we can keep each other motivated .

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<center>![Screenshot_20211019-213209_Chrome.jpg](https://images.hive.blog/DQmZzR6HMPg72E38nKwzqL2xvkWaaThkXp5KP1ifpSTgSzB/Screenshot_20211019-213209_Chrome.jpg)</center>