When the Dollar collapses where will you be?
October 2nd, 2008 Gennaro Brooks-ChurchThe collapse of the Dollar has already started. Like all cycles it happens organically with many incremental moves and a few dramatic ones.
We haven’t seen the dramatic moves yet and most people are either in denial or just haven’t really thought about it.
But the is no doubt about it, the dollar is collapsing.
The big question for me is what does that mean to my life as an American holding mostly Dollars.
If the other poor countries are any indication, and I’ve visited most of them, then it simply means the US is going to get poorer. Less fancy stuff, run down buildings, crumbling infrastructure.
But that is if we continue with the current financial structure.
I’d like to see a new financial structure where less money is made, less stuff is created and people have less, BUT less money is needed, less stuff is created and people are fine with less.
Less physically, that is. Hopefully we have more in the areas of love, life and happiness.
What would that would look like?
For starters I think people would get more sleep and be less stressed out. They would have less need for material pacifiers because the cause of that need would not be there. They would work less. It wouldn’t be called unemployment, though, since work wouldn’t be the central bastion of existence.
You’d have a lot less products. We don’t need 400 different brands of breakfast cereal. Only about 10 of them are worth eating. The other 390 of them are almost identical with different food coloring and packaging.
This means that all that production time spent making those 390 boxes of cereal can be spent on producing something else or simply be downtime.
Look, I don’t know. I’m no economist (like they know shit). But it just seems to make sense:
use less, want less, work less, play more.
Before the industrial revolution people worked all day but now we have machines that can do that. Why did that utopian ideal of a machine workforce never actualize? It seems to make sense.
Tags: dollar, dollar collapse