China supports the value of the dollar by buying US Treasury bonds. If China had an economic crash then they would likely sell off their Treasury holdings (2 trillion worth) to keep their economy going. This would flood the bond market with T-Bills and collapse the value of the dollar.
The government is creating so much money, borrowing so much, the dollar will collapse soon. This is why gold is up, it is a safe currency that cannot be devalued. It always retains its value, its nominal value merely fluctuates in relation to the value of paper/Fiat currencies.
Buy gold.
It does not tell when the US dollar will collapse. A dollar collapse is when the dollar goes down really quick.
Discuss the factors which affect future movements of the euro against the dollar?
if Asian countries faces decline in economic growth then the value of dollar will appreciates with these currencies
8.00 Chinese Yuan
6.9396 Chinese Yuan Renminbi (CNY) is equal to 1 US Dollar.
It does not tell when the US dollar will collapse. A dollar collapse is when the dollar goes down really quick.
No
Although other currencies previously used in the US have undergone collapse, the Continental dollar being the most notable example, the US dollar has not collapsed yet. Many economists predict an imminent collapse, and some say it has already begun.
$2
Chinese currency is not measured in dollars.
The Dollar Diplomacy failed to counteract economic stability of revolution places like Mexico, Dominican Republic, China, and Nicaragua. These countries did not did not invest in U.S. capital in foreign countries.
Yuan
It does not tell when the US dollar will collapse. A dollar collapse is when the dollar goes down really quick.
Currently, 1 US dollar is 9 Chinese Yuan (rounded to the nearest Yuan.)
The U.S dollar
USD630
No one knows for sure ... but it is getting weaker. A collapse of any currency happens when its purchasing power drops, look at the cost of gas, housing, etc.