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A collapsing dollar means no one’s interested in building anything so land value goes down and a collapsing dollar means all the industries that use gold are al
by mlindner 4y ago
A collapsing dollar means no one’s interested in building anything so land value goes down and a collapsing dollar means all the industries that use gold are also collapsing reducing the value of that too.
- chii 4y agoThe british sterling hasn't collapsed per se, but over the past 50 years, it certainly has lost a lot of its value, and mostly in the recent decade. A collapsing dollar may not happen abruptly (which would happen in a war on US soil), but could happen slowly. In that case, holding US land (and plant&equipment etc) does still make sense, as these things will continue to function and provide goods.