Quote Originally Posted by Sparky View Post
What is meant by a US dollar collapse?
You asked me this question earlier. Let me give a better answer by quoting James Rickards, from the introduction of The Death of Money.
While the word collapse as applied to the dollar sounds apocalyptic, it has an entirely pragmatic meaning. Collapse is simply the loss of confidence by citizens and central banks in the future purchasing power of the dollar. The result is that holders dump dollars, either through faster spending or through the purchase of hard assets. ... The end result can be deflation (reminiscent of the 1930s) or inflation (reminiscent of the 1970s), or both.