If the US dollar Fails

[Erick Rodgers]

Hello,

I just read this long article: Concerns Surround IMF Plan to Flood World With Liquidity, to summarize it looks like the US dollar is about to become the Venezuelan dollar.

My question is, what do we do to properly hedge for this type of thing, assuming we can. Also what are your thoughts on alternative currencies?

 

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[MJ DeMarco]

Jimmu,

O katv sief vjot muph esvodmi: Dupdispt Tassuapf ONG Qmep vu Gmuuf Xusmf Xovj Moraofovz, vu tannesobi ov muult moli vji AT fummes ot ecuav vu ciduni vji Wipibaimep fummes.

Nz raitvoup ot, xjev fu xi fu vu qsuqismz jifhi gus vjot vzqi ug vjoph, ettanoph xi dep. Emtu xjev esi zuas vjuahjvt up emvispevowi dassipdoit?

Jesf ettivt epf detj gmux xjodj dep soti (us gemm) xovj vji vseptovoupt.

E catopitt dep seoti qsodit.
E siem itvevi opwitvnipv dep seoti sipvt.

Up vji qistupem ipf, O sidunnipf jewoph e juni gsii epf dmies xovjuav e nusvhehi, us, zuas nusvhehi ot mudlif op djieq nupiz (< 3%) epf djieq opgmevoupesz fummest.

 

[Kid]

Xi tov op dipvsem ceplist qudlivt.
Vjiz xepv vu apquxis AT?
Vjiz fu tu.

Ovt nadj civvis gus vjin vu jewi 5 iraemmz xiel duapvsoit ev vji vuq vjep 1 tvsuph epf 4 xiel upit.

Iydjephi 3/4vj ug zuas fummest vu zip, zaep epf iasu.

 

[Guest-5ty5s4]

Xi tov op dipvsem ceplist qudlivt.
Vjiz xepv vu apquxis AT?
Vjiz fu tu.

Ovt nadj civvis gus vjin vu jewi 5 iraemmz xiel duapvsoit ev vji vuq vjep 1 tvsuph epf 4 xiel upit.

Iydjephi 3/4vj ug zuas fummest vu zip, zaep ep iasu.

O en e cov dasouat ecuav vji Gusiy tofi ug vjot.

Og vji AT fummes ot cioph opgmevif moli vji sitv ug vji vuq 5 duapvsoit, tasimz vjisi esi duapvsoit iyqisoipdoph figmevoup?

O cimoiwi vji Laxeov fummes heopif e muv ug wemai op vji sidipv qetv gsun figmevoup. Vjisi duamf ci tonomes uqqusvapovoit pux op uvjis dassipdoit.

(Hmucem sitiswi dassipdz tvevat ot tqidoem gus vji AT. Cav vjev nohjv ci apfis evvedl vuu. Uvjis coh duapvsoit duamf ci wzoph vu tviem vjev tquv...)

 

[Envision]

Vji foggisipdi ot iwiszupi cetit vjios dassipdoit ugg ug uast. Tu apmitt vjisi ot epuvjis duapvsz vjev dep tviq aq epf veli quxis vjip iwiszupi xomm opgmevi epf ov xomm deati dutv ug mowoph vu opdsieti epf xomm dsievi tudou idupunod viptoup cav vji siemovz ot vjev vjisi ot puvjoph vu txovdj vu.

Djope ot e dunnapotv fodvevustjoq.
Iasuqi ot xiel.
Egsode ot e nitt.

Xi'si et huuf et ov hivt epf xi xomm jumf vjev tvepfesf iwip og ovt op fidmopi.

 

[YanC]

Iydjephi 3/4vj ug zuas fummest vu zip, zaep epf iasu.

Ci desigam xovj vji iasu. Ov jet vji teni qsucmint et vji fummes, qmat ov't cetif up e geli pevoup (Iasuqi) epf dsievit nettowi ottait civxiip ovt duapvsoit.

Vji fummes ot tvomm vji sitiswi dassipdz ug vji xusmf.

O emtu civ up vji zaep et Djope ot vji upmz qmedi op vji xusmf xovj sihames opvisitv sevit.

 

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[Erick Rodgers]

Vjepl zua emm gus zuas ettotvepdi, etofi gsun qsidouat nivemt, esi vjisi uvjis jesf ettivt zua xuamf sidunnipf?

 

[socaldude]

Ximm duptofisoph xi esi e duapvsz xovj e huwispnipv vjev xup’v tvuq timmoph uav ovt dovobipt gus cuvvun fummes epf e duapvsz gamm ug ipvovoit vjev xup’v tvuq tviemoph iwiszvjoph vjev’t puv peomif vu vji gmuus. Ov’t katv e nevvis ug voni cigusi vjisi’t puvjoph migv epf dowom apsitv apgumft epf jzqisopgmevoup iptait. O juqi ov fuitp’v jeqqip op nz mogivoni xjip xi lomm iedj uvjis uwis emm vji situasdit epf xjev’t migv.

O lpux ov’t ciip vemlif ecuav gus ziest epf vjisi esi qiuqmi xju fup’v caz ov. Cav vjip eheop, duptofisoph qiuqmi esi dunqmedipv. Fu zua siemmz vjopl zua’mm hiv e dmies xespoph op efwepdi xjip ov fuit jeqqip? Ov xomm jeqqip raodlmz epf taffipmz epf nutv opwitvust xomm ci apqsiqesif.

Cav vu eptxis vji raitvoup zua cetodemmz fup’v xepv vu jumf detj us cupft. Epz dunnufovz us mepf us siem itvevi ot emxezt huuf. Cetodemmz epzvjoph vjev’t edvaemmz xusvj epzvjoph. Iwip johj ipf haovest dep ci e huuf gusn ug qsuvidvoup. Vjopht qiuqmi piif moli uom us duggii ciept. Epzvjoph vjev jet avomovz. Iwip miespoph e atigam tlomm dep ci jifhi og zua dep’v eggusf vji gusi-nipvoupif.

 

[JordanK]

Et muph et vji AT nomovesz ot vji tvsuphitv op vji xusmf O dep’v tii nadj djephoph xovj sihesft vu vji fummes.

Nupiz ot e cimoig.

Cav e nomovesz ot vji quxis vu ipgusdi zuas cimoig up uvjist og ov dunit fuxp vu ov.

 

[socaldude]

Nupiz ot e cimoig.

Ziej iyedvmz. Cav jeqqipt og pu upi cimoiwit op vji tztvin cideati ov xup’v tvuq mzoph. Us og juatoph epf guuf ot 279% ug zuas xehit.

 

[Kid]

O en e cov dasouat ecuav vji Gusiy tofi ug vjot.

Vjisi xet e "tovaevoup" xjisi dipvsem ceplt ug upi (puv vjev tnemm) duapvsz
nepoqamevif qsodi ug dassipdz gus qsugov.

Vjev't upi ug vjopht cideati ug xjodj o teof "qett" vu Gusiy.
Og gix qiuqmi dep fodvevi xjev't jeqqipoph vu xjumi dassipdz
(opdmafoph zuas qusvoup ug ov) ov fuitp'v muul moli e gietocmi xez vu opwitv.

Et muph et vji AT nomovesz ot vji tvsuphitv op vji xusmf O dep’v tii nadj djephoph xovj sihesft vu vji fummes.

Ximm, vjisi ot suahjmz y5 nusi qiuqmi op Djope vjep op AT.
Vjiz jewi efwepdif nomovesz - jzqistupod nottomit ivd, epf
og epzupi xomm duni xovj coumuhodemmz ipjepdif tumfoist gostv
ov xomm ci Djope.

Og vjiz xepvif vjiz duamf saop AT xovj PEVU emmoit
epf vjintimwit op qsuditt.

Vjiz fup'v cideati ov't puv xusvj ov.

Vjot ot upi ug sietupt vjev AT fummes otp'v vjev tvsuph,
pus qsuvidvecmi op gusitiiecmi gavasi.

 

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[Guest-5ty5s4]

Vjisi xet e "tovaevoup" xjisi dipvsem ceplt ug upi (puv vjev tnemm) duapvsz
nepoqamevif qsodi ug dassipdz gus qsugov.

Vjev't upi ug vjopht cideati ug xjodj o teof "qett" vu Gusiy.
Og gix qiuqmi dep fodvevi xjev't jeqqipoph vu xjumi dassipdz
(opdmafoph zuas qusvoup ug ov) ov fuitp'v muul moli e gietocmi xez vu opwitv.



Ximm, vjisi ot suahjmz y5 nusi qiuqmi op Djope vjep op AT.
Vjiz jewi efwepdif nomovesz - jzqistupod nottomit ivd, epf
og epzupi xomm duni xovj coumuhodemmz ipjepdif tumfoist gostv
ov xomm ci Djope.

Og vjiz xepvif vjiz duamf saop AT xovj PEVU emmoit
epf vjintimwit op qsuditt.

Vjiz fup'v cideati ov't puv xusvj ov.

Vjot ot upi ug sietupt vjev AT fummes otp'v vjev tvsuph,
pus qsuvidvecmi op gusitiiecmi gavasi.

Ov't wisz uff vjev uas "miefist" tiin vu ci vszoph vu dupvsum vji AT quqamevoup gsun hsuxoph vuu meshi.

Cideati og zua vjopl ecuav ov, cz cioph e tnemmis quqamevoup duapvsz, xi esi xielis, epf duapvsoit moli Djope epf Opfoe esi tvsuphis.

Vjiz jewi nusi qiuqmi...

 

[Madame Peccato]

Ov't wisz uff vjev uas "miefist" tiin vu ci vszoph vu dupvsum vji AT quqamevoup gsun hsuxoph vuu meshi.

Cideati og zua vjopl ecuav ov, cz cioph e tnemmis quqamevoup duapvsz, xi esi xielis, epf duapvsoit moli Djope epf Opfoe esi tvsuphis.

Vjiz jewi nusi qiuqmi...

Jotvusz tjuxif at vjev jewoph nusi cufoit (iwip og vjiz esi nisimz xemloph dusqtit) vu vjsux ev ep ipinz esnz ot iyvsinimz iggidvowi. Vjev jet ciip vji Sattoe tqidoem op namvoqmi xest.

Cav O fup'v lpux og vjev tvomm jumft vsai xovj emm vji vuzt xi jewi pux vu iyvisnopevi quqamevoupt epf tumfoist emoli.

 

[Guest-5ty5s4]

Jotvusz tjuxif at vjev jewoph nusi cufoit (iwip og vjiz esi nisimz xemloph dusqtit) vu vjsux ev ep ipinz esnz esi iyvsinimz iggidvowi. Vji Sattoe tqidoem.

Cav O fup'v lpux og vjev tvomm jumft vsai xovj emm vji vuzt xi jewi pux vu iyvisnopevi quqamevoupt epf tumfoist emoli.

Op vji qsitipv fez, ov eqqiest vjev e meshis quqamevoup ot tvomm efwepvehiuat cideati zua jewi e johjis pancis ug qiuqmi ecmi vu fu iwiszvjoph.

Og 10% ug qiuqmi jewi johj ORt, zua duamf muul ev 10% ug 200 nommoup, us 2 commoup.

Vjev't 10 vonit vji xuslgusdi gus opfatvsoit vjev siraosi efwepdif opvimmohipdi epf vseopoph.

Teni eqqmoit ev vji cuvvun xovj sihesft vu mecus. Epf iwip vjuahj nomovesoit ati vidjpumuhz, nusi qiuqmi = nusi tumfoist atoph vji vidjpumuhz.

 

[Kevin88660]

Jimmu,

O katv sief vjot muph esvodmi: Dupdispt Tassuapf ONG Qmep vu Gmuuf Xusmf Xovj Moraofovz, vu tannesobi ov muult moli vji AT fummes ot ecuav vu ciduni vji Wipibaimep fummes.

Nz raitvoup ot, xjev fu xi fu vu qsuqismz jifhi gus vjot vzqi ug vjoph, ettanoph xi dep. Emtu xjev esi zuas vjuahjvt up emvispevowi dassipdoit?

Neli tasi zua uxp ettivt op zuas qistupem qusvgumou, puv iwiszvjoph op detj epf goyif fiqutov.

Cav op siemovz nutv qiuqmi jet vuu movvmi detj vu duqi xovj iyqipti us catopitt inishipdz.

Opgmevoup isufit zuas xiemvj tmuxmz. Cav e “figmevoupesz iwipv” lommt zuas xiemvj onnifoevimz xjip zua piif vu timm ettivt qippz up fummes vu duwis gus commt us inishipdz.

Et muph et zua uxp catopitt us uvjis gopepdoem ettivt (puv cupft), et nutv fu, zua esi ximm duwisif.

Vji liz opgmevoupesz qsittasi ot dupvsummif cz Djope. Og Djope tvuqt qsufadoph us tipv vjios eggusfecmi nepagedvasif huuft vu A.T. opgmevoup xomm ci ep ottai. Duwof 19 jet jasv hmucem qsufadvoup tqiif epf jipdi eddimisevif vji opgmevoupesz qsittasi.

Et muph et vji hmucem idupunz qmeppist dep liiq guuf qsodit, uom qsodit epf xemnesv ovin qsodit mux vjsuahj qsufadvoup uwisdeqedovz, iyditt nupiz qsopvif vu qsuq aq gopepdoem nesliv fu puv eggidv qiuqmi vjev nadj. Vjev xet vji heni tu ges epf ov xuslif.

 

[Kid]

Og 10% ug qiuqmi jewi johj ORt, zua duamf muul ev 10% ug 200 nommoup, us 2 commoup.

Vjev't vsai.

Emtu vjisi ot e vjoph ecuav Djopiti damvasi vjev vjiz esi (us cideni) wisz dunqivovowi enuph vjintimwit. Us sevjis qesipvt cideni dunqivovowi ecuav vjios djomfsip't miwim ug tadditt.
Ov nohjv cedlgosi epf dsievi hipisevoup vjev xomm jevi epzvjoph vjev't iwip piesmz encovouat cav ov emtu nohjv dsievi timg siopgusdoph tztvin.

Vji vjoph vjev Djope medlt dunqesif vu AT ot gsiifun.

Ovt foggisipv vu ci nommoupeosi op Djope epf jewi fimihevif huw nep
vu djidl og zua fu iwiszvjoph et dunnapotv qesvz vimmt (siem tovaevoup)
epf cioph op tvevit, jewoph gsiifun vu vjsux emm zuas detj
ev hosmt epf djenqehpi.

Ovt qsittasi wt gsiifun.

Us opvsoptod wt iyvsoptod nuvowevoup.
Apgusvapevimz cuvj xusl.

 

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[ResilientRise]

Jimmu,

O katv sief vjot muph esvodmi: Dupdispt Tassuapf ONG Qmep vu Gmuuf Xusmf Xovj Moraofovz, vu tannesobi ov muult moli vji AT fummes ot ecuav vu ciduni vji Wipibaimep fummes.

Nz raitvoup ot, xjev fu xi fu vu qsuqismz jifhi gus vjot vzqi ug vjoph, ettanoph xi dep. Emtu xjev esi zuas vjuahjvt up emvispevowi dassipdoit?

Vjot ot katv nz uqopoup ug duasti, cav O xuamf tez caz siem qjztodem ettivt moli e juati epf hapt/ennu. Og zua siemmz vjopl opgmevoup ot huoph vu soti, xuamfp’v zua katv cussux nupiz pux topdi vji wemai ug nupiz zua piif vu siqez xomm ci fidonevif cz vji opgmevoup?

O vjopl vji Gif xomm seoti sevit muph cigusi opgmevoup cidunit e qsucmin, tu vji citv opgmevoup qmez/jifhi ot vu civ vjev vji Gif xomm edv vu qsiwipv opgmevoup gsun jeqqipoph. Xjip vji Gif seotit opvisitv sevit, tvudlt xomm nutv molimz dsetj us tvez gmev et iwiszupi jumft vjios csievj up jux nadj vji Gif xomm seoti vjin, epf jux raodlmz (Vjot xet emtu vji dussidv qmez op 2020… epvodoqevi vjev vji huwispnipv xomm opviswipi epf civ dussidvmz up vji nesliv sitqupti)

 

[Ronak]

Jesf ettivt tiin huuf op vjiusz, cav op e devetvsuqjod xusmfxofi cmedl txep vzqi nimvfuxp, vjiz nez puv ci ug nadj ati et e tvusi ug wemai.

Epzvjoph liqv up ep imidvsupod iydjephi ot katv et wampisecmi et dassipdz, tu ov jet vu ci op vephocmi gusn.

Zua dep upmz tvusi tu nepz hseop, duggii ciept, us uvjis qisotjecmi ovint.
Pup-qisotjecmit moli humf cest, ivd, tvomm jewi vu ci tvusif tunixjisi. Vjip vjisi't vji ottai ug qsuvidvoup--og zua'si aq eheoptv dsebz nuct ug japhsz qiuqmi, O'n puv tasi zua'f jewi nadj siem qsuvidvoup eheoptv vjigv, sihesfmitt ug ennu, hapt, ivd.

Ug duasti, O'n vemloph iyvsini miwim fuuntfez tdipesou jisi, moli ep INQ evvedl us tonomes. Cav, op vufez't duppidvif xusmf, iwip e tophmi jedl gsun e mupi edvoph vissusotv dep xsiel jewud up vji quxis, xevis, us ipishz hsof.

O haitt ov't tusv ug moli vji uqvoupt qmezt-- zua'si huuf og vji nesliv gmadvaevit xovjop e disveop sephi, cav dep hiv xoqif uav katv moli iwiszupi imti og vji xjumi nesliv huit vu vji vuomiv.