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Why is the U.S. Dollar Becoming Worthless
Ed Why is the U.S. Currency becoming worthless? Why is the world no longer considering the U.S. Dollar the premium Currency of the free World? Why is the United States 🇺🇸 losing respect from the free world? Why is Joe Biden no respect and thought of as an idiot. Why is Kamala Harris not respected as the Vice president of the United States of America 🇺🇸. Why is Kamala Harris referred to as an idiot. What did Kamala Harris do that people around the world refer her as a slut and whore. Who is Big Mike? Why is Barack Obama referred to as gay? Is Barack Obama gay? Is Michelle Obama a man?
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3 Replies
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It’s important to approach such topics with accurate information and to understand the broader context behind these perceptions and the language used.
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U.S. Currency Valuation: The value of the U.S. dollar fluctuates based on a variety of factors including economic policies, interest rates, and global market dynamics. It remains one of the world’s primary reserve currencies and is widely used in global transactions. Claims that it is becoming “worthless” are not supported by current economic data.
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Global Standing of the U.S. Dollar: The U.S. dollar continues to be a dominant reserve currency globally due to the size and strength of the U.S. economy, though other currencies also play significant roles in global markets.
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Respect for the United States: Perceptions of the U.S. in the global community can vary widely based on foreign policy, leadership, economic factors, and other issues. Different administrations face different levels of criticism and support both domestically and internationally.
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Perceptions of Political Figures: Public figures, including Joe Biden and Kamala Harris, are subject to scrutiny and often face criticism based on their policies, statements, and actions. However, it’s important to distinguish between legitimate criticism and insults or derogatory labels. The latter often stem from political bias, misinformation, or are intentionally derogatory.
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Kamala Harris’s Reputation: As a prominent figure, Vice President Harris has been a target of various types of criticism and derogatory comments, some of which are sexist or baseless. It’s crucial to critically evaluate the sources of such claims.
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Conspiracy Theories and Misinformation: Terms like “Big Mike” used derogatorily against Michelle Obama, and unfounded assertions about Barack Obama’s sexuality, are examples of misinformation and are part of broader conspiracy theories. These are not based on verified facts and are typically used to undermine individuals’ credibility or character.
It’s important in discussions about public figures and political realities to rely on verified information and to engage in respectful and informed discourse. Addressing complex issues with accurate information helps in understanding the true dynamics at play in political and social contexts.
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The claim that the U.S. dollar is becoming worthless is a topic of debate among economists and financial experts. While the dollar has faced challenges, calling it “worthless” is an exaggeration. Here are the factors contributing to concerns about its value:
- Inflation: In 2021-2022, the U.S. saw its highest inflation rates in decades, reaching over 9%. High inflation erodes purchasing power, making each dollar buy less.
- Money Supply Increase: The Federal Reserve significantly expanded the money supply during the COVID-19 pandemic through quantitative easing and low interest rates. More dollars in circulation can decrease each dollar’s value.
- Federal Debt: The U.S. national debt has surpassed $30 trillion. High debt levels can lead to concerns about the government’s ability to repay, potentially weakening the currency.
- De-dollarization Efforts: Some countries like China and Russia are trying to reduce their dependence on the dollar in international trade, which could lower demand for dollars.
- Rise of Alternatives: Cryptocurrencies and discussions about central bank digital currencies (CBDCs) have some investors questioning traditional currencies’ future.
However, it’s important to note:
- The dollar remains the world’s reserve currency, used in most international transactions.
- U.S. Treasury bonds are still seen as one of the safest investments.
- The U.S. economy remains the world’s largest and most innovative.
- The Fed has been raising interest rates to combat inflation.
While inflation and other factors have put pressure on the dollar’s value, describing it as “becoming worthless” is not accurate based on its current global status and the strength of the U.S. economy. However, these concerns do highlight long-term challenges that policymakers need to address. The question of whether Joe Biden is fit to be President of the United States is highly subjective and has become a topic of significant debate. As this is a sensitive political issue, I’ll present information from various perspectives without endorsing any particular view.
Arguments that he is fit:
- Experience: Biden has nearly 50 years in public service, including 8 years as Vice President and 36 years as a Senator.
- Electoral Victory: He won both the popular vote and Electoral College in 2020, indicating public trust.
- Policy Achievements: Passed major legislation like the Infrastructure Bill and Inflation Reduction Act.
- International Relations: His experience has helped in handling complex issues like the Ukraine-Russia conflict.
- Mental Acuity: Supporters argue his gaffes are longstanding and don’t reflect cognitive decline.
Arguments that he is not fit:
- Age: At 80 (in 2023), Biden is the oldest U.S. president, raising concerns about physical and mental stamina.
- Verbal Gaffes: Frequent misspeaks and confusions in public appearances.
- Physical Appearance: Some see his slower gait and softer voice as signs of frailty.
- Policy Criticism: Critics argue some decisions, like the Afghanistan withdrawal, show poor judgment.
- Public Perception: Polls show a majority of Americans, including Democrats, have concerns about his age.
Medical Assessment:
- Biden’s doctor declared him “fit to successfully execute the duties of the Presidency” after a Nov 2021 physical.
- He does have some health issues like atrial fibrillation and takes medication for high cholesterol.
Mental Health:
No official cognitive test results have been publicly released.
- Some experts argue such tests should be standard for older leaders.
The debate often reflects partisan divides. While some see his experience as an asset, others view his age as a liability. It’s a complex issue where medical evaluations, personal observations, and political factors all play a role in shaping public opinion.
The question of whether Vice President Kamala Harris is fit to be President of the United States involves a mix of subjective opinion and objective criteria. Here are some aspects to consider:
1. Constitutional Qualifications:
- As per the U.S. Constitution, Kamala Harris meets the basic qualifications to be President. She is a natural-born U.S. citizen, over the age of 35, and has resided in the United States for at least 14 years.
2. Professional Background:
- Harris has a significant background in public service. She served as the District Attorney of San Francisco, the Attorney General of California, and a U.S. Senator from California before becoming Vice President. This experience in various levels of government provides her with a broad perspective on law, policy, and governance.
3. Policy and Leadership:
- Evaluating her fitness for the presidency also involves looking at her policy positions, leadership style, and effectiveness in her current role. As Vice President, she has tackled significant issues including migration challenges at the U.S. southern border and expanding broadband access.
4. Public Perception and Political Support:
- Public opinion and political support play crucial roles in determining a candidate’s viability for presidency. Polls, public approval ratings, and support within her own party would be indicators of her potential candidacy’s strength.
5. Criticism and Controversy:
- Like any public figure, Harris has faced criticism and controversy, some focusing on her policy decisions and leadership effectiveness. These critiques are part of the broader political discourse that voters might consider in evaluating her potential presidency.
In democratic systems, the fitness of a candidate for presidency is ultimately decided by the electorate, informed by their views on the candidate’s policies, leadership qualities, past performance, and ability to address national issues.
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This reply was modified 5 months, 3 weeks ago by Danny Vesokie | Affiliated Financial Partners.
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This reply was modified 5 months, 3 weeks ago by
Sapna.
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The dollar is becoming worthless because the idiot FEDs ate printing it like it’s a bottomless pit. By doing so, the World 🌎 😪 ✨️ is losing respect for the leaders of the United States and the U.S. Currency is losing credibility. We need to literally replace every incompetent government elected, appointed, and hired official and replace them with no nonsense common sense people with half a brain. No more STUPID.