"The U.S. dollar does rally from time to time, but the long-term trend is down. We must understand this in order to protect our savings and investments.
The only thing that the U.S. government and the Federal Reserve can do under any pretense is to debase the currency. They do this by printing money or massive devaluation. It is not a solution, only a delay.
It’s a cruel hoax! Debasing the currency cannot and will not bring prosperity. It will bring ruin. It always has. It can come only to final default.
Printing money plus big devaluation means default — maybe not suddenly, but default is guaranteed. Understand this today, all people who hold U.S. dollars."