The Coming Collapse of the U.S. Dollar

Circulating on YouTube are a plethora of films that are arguing for the coming collapse of the United States dollar. The angst is growing. What will it mean? If the dollar were to collapse and other currencies were to rise in strength, it would mean that consumption would have to come down in the United States. As Peter Schiff states, the United States will be priced out of the market. Imports (including oil from Canada) will be more expensive, and Americans will have to consume less. In other words, it is time for Americans to hone their frugality 😉

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