{"id":32542,"date":"2022-07-13T15:33:51","date_gmt":"2022-07-13T22:33:51","guid":{"rendered":"https:\/\/www.itmtrading.com\/blog\/?p=32542"},"modified":"2022-07-13T16:07:54","modified_gmt":"2022-07-13T23:07:54","slug":"is-declining-confidence-the-end-game-for-us-dollar-qa-with-lynette-zang-eric-griffin","status":"publish","type":"post","link":"https:\/\/www.itmtrading.com\/blog\/is-declining-confidence-the-end-game-for-us-dollar-qa-with-lynette-zang-eric-griffin\/","title":{"rendered":"Is Declining Confidence The End Game for US Dollar? | Q&#038;A with Lynette Zang &#038; Eric Griffin"},"content":{"rendered":"<p>Eric sources questions from Lynette\u00e2\u20ac\u2122s viewers and Lynette responds with organic and unrehearsed answers. If you have a question for Lynette and Eric, please either submit your question though\u00c2\u00a0<a href=\"https:\/\/www.youtube.com\/user\/itmtrading\" target=\"_blank\" rel=\"noopener\">YouTube<\/a>,\u00c2\u00a0<a href=\"https:\/\/www.facebook.com\/ITMTrading\/\" target=\"_blank\" rel=\"noopener\">Facebook<\/a>,\u00c2\u00a0<a href=\"https:\/\/twitter.com\/ITMTrading\" target=\"_blank\" rel=\"noopener\">Twitter<\/a>, or email to questions@itmtrading.com. If you enjoyed the Q&amp;A with Lynette Zang, please like, subscribe, and share in order to help Lynette fight the fiat money disease!<\/p>\n<p><strong>Have questions for the Q&amp;A, email us at\u00c2\u00a0<\/strong><a href=\"mailto:questions@itmtrading.com\"><strong>questions@itmtrading.com<\/strong><\/a><\/p>\n<p><strong>Have questions about acquiring gold and silver? Call: 877-410-1414<\/strong><\/p>\n<h4>Viewer Submitted Questions:<\/h4>\n<p>Question 1: 0:44<br \/>\nIf the government starts the CBDC account system, where would owners of PMs park the cash from the sale of metals? Is the CBDC account going to be the only transactable accounts in the US? If not, how would they be able to liquidate metals and use the proceeds?<\/p>\n<p>Question 2: 12:31<br \/>\nYou often discuss how a currency fails due to lack of confidence in that currency. My question is: What does this look like from the perspective of the individual? Do they stop working for the worthless currency? Do they stop spending? Do they riot? Do they barter? How does this lack of confidence bring about the end of a currency?<\/p>\n<p>Question 3: 21:30<br \/>\nSo it appears that the strength of the US dollar is only going higher, which is causing economic destruction world-wide, as other countries must print their currencies into hyperinflation in order to have enough Dollars to conduct international trade. Is it true, that as the Dollar strengthens, gold and silver\u00e2\u20ac\u2122s values fall? Is there a direct correlation? Do you see any sign that the Dollar will weaken soon?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Eric sources questions from Lynette\u00e2\u20ac\u2122s viewers and Lynette responds with organic and unrehearsed answers. If you have a question for Lynette [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":32547,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1711],"tags":[59,114,1692,1720,1742,1876,2114,2354,2355],"class_list":["post-32542","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-qa","tag-gold-2","tag-silver-2","tag-us-dollar-2","tag-cbdc","tag-purchasing-power","tag-barterability","tag-consumer-sentiment","tag-lack-of-confidence","tag-end-of-currency"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/32542","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/comments?post=32542"}],"version-history":[{"count":4,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/32542\/revisions"}],"predecessor-version":[{"id":32549,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/posts\/32542\/revisions\/32549"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media\/32547"}],"wp:attachment":[{"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/media?parent=32542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/categories?post=32542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.itmtrading.com\/blog\/wp-json\/wp\/v2\/tags?post=32542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}