--- title: "Meaning & Key Takeaway of: The U.S. dollar is in terminal decline…" description: "\"The U.S. dollar is in terminal decline. America is tragically bankrupt, unable to pay its lenders without printing the dollars to do so, and enmeshed ..." image: "https://sms4smile.com/quotes/i/c0f/peter-schiff-8095_america_the-u-s-dollar-is-in-terminal-decline-am_963439.jpg" --- # The U.S. dollar is in terminal decline. America is… ![“The U.S. dollar is in terminal decline. America is tragically bankrupt, unable to pay its lenders without printing the dollars to do so, and enmeshed in an economic depression. The clock is ticking until the dollar faces a crisis of confidence like every other bubble before it.” quote by Peter Schiff](https://sms4smile.com/quotes/i/c0f/peter-schiff-8095_america_the-u-s-dollar-is-in-terminal-decline-am_963439.jpg) [Download](https://sms4smile.com/quotes/i/c0f/peter-schiff-8095_america_the-u-s-dollar-is-in-terminal-decline-am_963439.jpg) [Open image](https://sms4smile.com/quotes/i/c0f/peter-schiff-8095_america_the-u-s-dollar-is-in-terminal-decline-am_963439.jpg) > “The U.S. dollar is in terminal decline. America is tragically bankrupt, unable to pay its lenders without printing the dollars to do so, and enmeshed in an economic depression. The clock is ticking until the dollar faces a crisis of confidence like every other bubble before it.” [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The U.S. dollar is losing value, leading to a financial crisis as confidence collapses like past bubbles. **In simple terms:** Dollar is collapsing. Key Takeaway Prepare for economic instability. Themes inflation currency risk financial crisis Mood cautious concerned Type financial economic When to use this quote - investment planning - budgeting - risk management Key Concepts macroeconomics debt monetary policy Questions to Reflect On - What steps can protect your assets? - How reliable are these predictions? A Different Perspective May be overly pessimistic. ★ ★ ★ ★ ★ No ratings yet [America](https://sms4smile.com/quotes/about/america/) [Clock](https://sms4smile.com/quotes/about/clock/) [Crisis](https://sms4smile.com/quotes/about/crisis/) [Customer](https://sms4smile.com/quotes/about/customer/) [Decline](https://sms4smile.com/quotes/about/decline/) [Dollars](https://sms4smile.com/quotes/about/dollars/) [Economic depression](https://sms4smile.com/quotes/about/economic-depression/) [Faces](https://sms4smile.com/quotes/about/faces/) ## Related quotes > [America doesn't exist in decline! America never has existed in decline, and people do not want to be told that the country that they…](https://sms4smile.com/quotes/rush-limbaugh/america-doesn-t-exist-in-decline-america-never-has-existed-in-decline/) [Rush Limbaugh](https://sms4smile.com/quotes/author/rush-limbaugh/) > [Yes, I care, but I think that people think we're contributing to the decline of America. I see us actually helping.](https://sms4smile.com/quotes/twiggy/yes-i-care-but-i-think-that-people-think-we-re-contributing-to-the/) [Twiggy](https://sms4smile.com/quotes/author/twiggy/) > [The steep decline in America's image and standing after 9/11 is a direct reflection of global distaste for the instruments of American hard power:…](https://sms4smile.com/quotes/shashi-tharoor/the-steep-decline-in-america-s-image-and-standing-after-9-11-is-a/) [Shashi Tharoor](https://sms4smile.com/quotes/author/shashi-tharoor/) > [With the decline of America's global preeminence, weaker countries will be more susceptible to the assertive influence of major regional powers.](https://sms4smile.com/quotes/zbigniew-brzezinski/with-the-decline-of-america-s-global-preeminence-weaker-countries/) [Zbigniew Brzezinski](https://sms4smile.com/quotes/author/zbigniew-brzezinski/) > [Welcome to the decline of America where, in six short decades, we have gone from aspiring to judge a man by the content of…](https://sms4smile.com/quotes/will-cain/welcome-to-the-decline-of-america-where-in-six-short-decades-we-have/) [Will Cain](https://sms4smile.com/quotes/author/will-cain/) > [“He had no idea that the world was entering an economic depression, or that hard times bring recriminations and blame. Privately, Harry's parents worried…](https://sms4smile.com/quotes/robert-m-edsel/he-had-no-idea-that-the-world-was-entering-an-economic-depression-or/) [Robert M. Edsel](https://sms4smile.com/quotes/author/robert-m-edsel/) > [Depression has been called the world's number one public health problem. In fact, depression is so widespread it is considered the common cold of…](https://sms4smile.com/quotes/david-d-burns/depression-has-been-called-the-world-s-number-one-public-health/) [David D. Burns](https://sms4smile.com/quotes/author/david-d-burns/) > [“A blanket could be used to help my career. Things have gone cold in this economic depression, so anything to help warm things up…](https://sms4smile.com/quotes/jarod-kintz/a-blanket-could-be-used-to-help-my-career-things-have-gone-cold-in/) [Jarod Kintz](https://sms4smile.com/quotes/author/jarod-kintz/) > [The years of the economic depression have been years of political reaction, and that is why the economic crisis has generated a world peace…](https://sms4smile.com/quotes/arthur-henderson/the-years-of-the-economic-depression-have-been-years-of-political/) [Arthur Henderson](https://sms4smile.com/quotes/author/arthur-henderson/) > [“The World’s Columbian Exposition opened on May 1; on May 9, a banking crisis began, which led to a national economic depression that became…](https://sms4smile.com/quotes/vladimir-alexandrov/the-world-s-columbian-exposition-opened-on-may-1-on-may-9-a-banking/) Vladimir Alexandrov > [Economic depression cannot be cured by legislative action or executive pronouncement. Economic wounds must be healed by the action of the cells of the…](https://sms4smile.com/quotes/herbert-hoover/economic-depression-cannot-be-cured-by-legislative-action-or/) [Herbert Hoover](https://sms4smile.com/quotes/author/herbert-hoover/) > [ A state does not simply fall apart as a result of depression... \[Weimar Germany\] was not destroyed by economic depression or widespread unemployment, though… ](https://sms4smile.com/quotes/sebastian-haffner/a-state-does-not-simply-fall-apart-as-a-result-of-depression-weimar/) Sebastian Haffner > [“Comey had turned away from his upbringing and embraced various kinds of evangelism. He wrote his thesis on how the evangelist teacher Jerry Falwell…](https://sms4smile.com/quotes/luke-harding/comey-had-turned-away-from-his-upbringing-and-embraced-various-kinds/) [Luke Harding](https://sms4smile.com/quotes/author/luke-harding/) > [Nearly everybody nowadays accepts the 'causal completeness of physics' - every physical event (or at least its probability) has a full physical cause. This…](https://sms4smile.com/quotes/david-papineau/nearly-everybody-nowadays-accepts-the-causal-completeness-of-physics/) [David Papineau](https://sms4smile.com/quotes/author/david-papineau/) > [“If people feel lost and alone and helpless and broken and hopeless today, what will it be like if the world really begins to…](https://sms4smile.com/quotes/brandon-andress/if-people-feel-lost-and-alone-and-helpless-and-broken-and-hopeless/) Brandon Andress ## More by Peter Schiff > [Most paper money initially existed as a substitute for gold. That's what gave it value. But right now what gives a currency value is…](https://sms4smile.com/quotes/peter-schiff/most-paper-money-initially-existed-as-a-substitute-for-gold-that-s/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [Perhaps the most important reason to be skeptical of government inflation numbers is that the government, like a fox campaigning to guard a hen…](https://sms4smile.com/quotes/peter-schiff/perhaps-the-most-important-reason-to-be-skeptical-of-government/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [When the dollar collapses, it's not doing it in a vacuum. If the dollar loses value, it's doing so relative to some other currency.…](https://sms4smile.com/quotes/peter-schiff/when-the-dollar-collapses-it-s-not-doing-it-in-a-vacuum-if-the-dollar/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [Every time the market has corrected, since 2008, it's always been the Fed that's made the bottom. The Fed has always saved the market…](https://sms4smile.com/quotes/peter-schiff/every-time-the-market-has-corrected-since-2008-it-s-always-been-the/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [“Boom/bust cycles are not inevitable and would not occur were it not for the inflationary monetary policies that always precede recessions.”](https://sms4smile.com/quotes/peter-schiff/boom-bust-cycles-are-not-inevitable-and-would-not-occur-were-it-not/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [We had a very upwardly mobile economy, and that peaked around the 1950s when the typical middle-class American family consisted of a father with…](https://sms4smile.com/quotes/peter-schiff/we-had-a-very-upwardly-mobile-economy-and-that-peaked-around-the/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [Printing money creates inflation, which weakens an economy. Unfortunately, this kind of common-sense thinking never seems to penetrate academic circles.](https://sms4smile.com/quotes/peter-schiff/printing-money-creates-inflation-which-weakens-an-economy/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [The fiat-based system has produced enormous global imbalances that are straining the global economy. Ultimately, I think the whole thing gives way and what…](https://sms4smile.com/quotes/peter-schiff/the-fiat-based-system-has-produced-enormous-global-imbalances-that/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [Central banks are choosing to increase their gold holdings as a percentage of total reserves. They obviously think there is a reason to do…](https://sms4smile.com/quotes/peter-schiff/central-banks-are-choosing-to-increase-their-gold-holdings-as-a/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [Once the government runs out of foreign and private sector bidders for new Treasurys, the Federal Reserve will be the only buyer, and the…](https://sms4smile.com/quotes/peter-schiff/once-the-government-runs-out-of-foreign-and-private-sector-bidders/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [The real bubble in China is in US Treasuries, in US dollars.](https://sms4smile.com/quotes/peter-schiff/the-real-bubble-in-china-is-in-us-treasuries-in-us-dollars/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [My mother always taught me that two wrongs don't make a right. We shouldn't bail out Wall Street. We shouldn't bail out Detroit. It…](https://sms4smile.com/quotes/peter-schiff/my-mother-always-taught-me-that-two-wrongs-don-t-make-a-right-we/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [The one place that bitcoins seem to be used as money is in crime.](https://sms4smile.com/quotes/peter-schiff/the-one-place-that-bitcoins-seem-to-be-used-as-money-is-in-crime/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [Gold has worked for thousands of years, but now with the Internet, it works even better.](https://sms4smile.com/quotes/peter-schiff/gold-has-worked-for-thousands-of-years-but-now-with-the-internet-it/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) > [Most governments, not all of them, but most, certainly don't want their citizens using gold. They want them in the currency that they are…](https://sms4smile.com/quotes/peter-schiff/most-governments-not-all-of-them-but-most-certainly-don-t-want-their/) [Peter Schiff](https://sms4smile.com/quotes/author/peter-schiff/) [Explore all 84 Peter Schiff quotes ](https://sms4smile.com/quotes/author/peter-schiff/) ## More America quotes > [The costs of the Bush-Obama wars in Iraq and Afghanistan are now estimated to run as high as $4.4 trillion - a major victory…](https://sms4smile.com/quotes/noam-chomsky/the-costs-of-the-bush-obama-wars-in-iraq-and-afghanistan-are-now/) [Noam Chomsky](https://sms4smile.com/quotes/author/noam-chomsky/) > [Young men, especially in America, write to me and ask me to recommend “a course of reading.” Distrust a course of reading! People who…](https://sms4smile.com/quotes/andrew-lang/young-men-especially-in-america-write-to-me-and-ask-me-to-recommend-a/) [Andrew Lang](https://sms4smile.com/quotes/author/andrew-lang/) > [Well, The Day the Earth Caught Fire was a story... I don't if anybody knows what it is but it was about... in the…](https://sms4smile.com/quotes/val-guest/well-the-day-the-earth-caught-fire-was-a-story-i-don-t-if-anybody/) [Val Guest](https://sms4smile.com/quotes/author/val-guest/) > [So here's what I want you to know, and here's what I want all our men and women in uniform to know: Because of…](https://sms4smile.com/quotes/barack-obama/so-here-s-what-i-want-you-to-know-and-here-s-what-i-want-all-our-men/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [Today, the world looks to America for leadership. And America looks to its Corps of Marines.](https://sms4smile.com/quotes/ronald-reagan/today-the-world-looks-to-america-for-leadership-and-america-looks-to/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) > [The image of blacks usually is one of people who are suffering from hunger, unemployment, and poverty. The idea of them as agents and…](https://sms4smile.com/quotes/grace-lee-boggs/the-image-of-blacks-usually-is-one-of-people-who-are-suffering-from/) [Grace Lee Boggs](https://sms4smile.com/quotes/author/grace-lee-boggs/) > [ I'll smoke, I'll cough, I'll get the tumors, I'll die, deal? Thank you America. \[salutes\] ](https://sms4smile.com/quotes/bill-hicks/i-ll-smoke-i-ll-cough-i-ll-get-the-tumors-i-ll-die-deal-thank-you/) [Bill Hicks](https://sms4smile.com/quotes/author/bill-hicks/) > [America is a democracy and has no Hitler, but I am afraid for her future; there are hard times ahead for the American people,…](https://sms4smile.com/quotes/albert-einstein/america-is-a-democracy-and-has-no-hitler-but-i-am-afraid-for-her/) [Albert Einstein](https://sms4smile.com/quotes/author/albert-einstein/) > [I'm gonna bring America together.](https://sms4smile.com/quotes/donald-trump/i-m-gonna-bring-america-together/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [In the nineteenth century some parts of the world were unexplored, but there was almost no restriction on travel.:; Up to 1914 you did…](https://sms4smile.com/quotes/george-orwell/in-the-nineteenth-century-some-parts-of-the-world-were-unexplored-but/) [George Orwell](https://sms4smile.com/quotes/author/george-orwell/) > [We need a system that serves our needs, not the needs of others. Remember, under a Trump administration it's called America first. Remember that.](https://sms4smile.com/quotes/donald-trump/we-need-a-system-that-serves-our-needs-not-the-needs-of-others/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [America, you're sending girls a mixed message. On one hand, you're saying to have positive body image and love who we are; on the…](https://sms4smile.com/quotes/adora-svitak/america-you-re-sending-girls-a-mixed-message-on-one-hand-you-re/) [Adora Svitak](https://sms4smile.com/quotes/author/adora-svitak/) > [You live overseas, you see these exotic places and you want to know about them. But, weirdly, it also made me homesick for all…](https://sms4smile.com/quotes/ken-jennings/you-live-overseas-you-see-these-exotic-places-and-you-want-to-know/) [Ken Jennings](https://sms4smile.com/quotes/author/ken-jennings/) > [Freedom in every sense but primarily political sense, a rise in repression that stems from a repression of sexuality. 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