The federal government is buying more than it's selling, and printing more and more dollars. This will only work for so long. The value of the dollar will plummet if the fed keeps up with it's bad credit and money printing.
China is already in agreement with many other countries to not use the dollar as the universal currency when importing and exporting goods.
If the dollar is not the world reserve currency, we will no longer be the greatest country in the world, but reduced to a third world country. Our way of life will be changed forever.
If the dollar is worth only half of china's currency, and they sell cars for 20,000, it would cost 40,000, in the U.S.
You could raise minimum wage all you want, But the poverty level will rise with it as the value of the dollar goes down.



