{"id":98913,"date":"2025-12-31T08:00:01","date_gmt":"2025-12-31T16:00:01","guid":{"rendered":"https:\/\/www.cogwriter.com\/news\/?p=98913"},"modified":"2025-12-31T08:54:37","modified_gmt":"2025-12-31T16:54:37","slug":"us-dollar-claimed-to-be-the-weakest-major-currency-in-2025-will-there-be-an-end-to-us-dollar-dominance","status":"publish","type":"post","link":"https:\/\/www.cogwriter.com\/news\/prophecy\/us-dollar-claimed-to-be-the-weakest-major-currency-in-2025-will-there-be-an-end-to-us-dollar-dominance\/","title":{"rendered":"US dollar claimed to be the weakest major currency in 2025&#8211;will there be an end to US dollar dominance?"},"content":{"rendered":"<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-72999\" src=\"https:\/\/www.cogwriter.com\/news\/wp-content\/uploads\/2022\/01\/euro-1974712__340.jpg\" alt=\"\" width=\"423\" height=\"282\" srcset=\"https:\/\/www.cogwriter.com\/news\/wp-content\/uploads\/2022\/01\/euro-1974712__340.jpg 510w, https:\/\/www.cogwriter.com\/news\/wp-content\/uploads\/2022\/01\/euro-1974712__340-300x200.jpg 300w\" sizes=\"auto, (max-width: 423px) 100vw, 423px\" \/><br \/>\n<em>(Pixabay photo)<\/em><\/p>\n<p><a href=\"\/cogwriter.htm\">COGwriter<\/a><\/p>\n<p>Despite certain assertions by the Trump Administration (as well as the previous Biden Administration), respect and the value of the US dollar has been dropping, at least according to the currency markets:<\/p>\n<blockquote>\n<h2 class=\"e-headline u-heading-1 \" data-test=\"headline\">Dollar on course for biggest drop in almost a decade<\/h2>\n<p>31 December 2025<\/p>\n<p class=\"e-standfirst u-heading-4 \" data-test=\"standfirst\">Russian rouble crowned 2025\u2019s best-performing currency &#8230; <a href=\"https:\/\/www.telegraph.co.uk\/business\/2025\/12\/31\/dollar-on-course-for-biggest-drop-in-almost-a-decade\/\">https:\/\/www.telegraph.co.uk\/business\/2025\/12\/31\/dollar-on-course-for-biggest-drop-in-almost-a-decade\/<\/a><\/p>\n<\/blockquote>\n<p data-test=\"standfirst\">Before going further, notice the following related to the rouble and Joe Biden:<\/p>\n<blockquote>\n<div class=\"col-title col-xs-12 col-md-10 pull-right\">\n<h2 class=\"title pg-title\">Russia\u2019s Ruble Rebound Raises Questions of Sanctions\u2019 Impact<\/h2>\n<\/div>\n<p>March 31, 2022<\/p>\n<p>The ruble is no longer rubble. \u2026<\/p>\n<p>President Joe Biden promoted the success of the sanctions \u2014 some of the toughest ever imposed on a nation \u2014 while he was in Poland last week. \u201cThe ruble almost is immediately reduced to rubble,\u201d Biden said.<\/p>\n<p><a href=\"https:\/\/www.voanews.com\/a\/russia-s-ruble-rebound-raises-questions-of-sanctions-impact-\/6509012.html\">https:\/\/www.voanews.com\/a\/russia-s-ruble-rebound-raises-questions-of-sanctions-impact-\/6509012.html<\/a><\/p><\/blockquote>\n<p>Joe Biden was wrong about his sanctions destroying the value of the Russian rouble.<\/p>\n<p>Now, here is more about the US dollar in 2025:<\/p>\n<blockquote>\n<h2 class=\"o-topper__headline\"><span class=\"headline__text\">Dollar on track for steepest annual drop for almost a decade<\/span><\/h2>\n<p>30 December 2025<\/p>\n<p>The US dollar is heading for its steepest annual drop since 2017, with Wall Street banks predicting further weakness next year as the Federal Reserve presses ahead with interest rate cuts. The greenback has slumped 9.5 per cent against a basket of major currencies this year, after US President Donald Trump\u2019s trade war sparked fears for the world\u2019s biggest economy and cast doubt over the dollar\u2019s traditional status as a haven for investors. The euro has had the biggest gain of the major currencies against the faltering dollar, surging nearly 14 per cent to above $1.17, a level last reached in 2021.<\/p>\n<p>While the dollar\u2019s initial weakness was triggered by Trump\u2019s launch of aggressive tariffs against the US\u2019s trading partners in April \u2014 it was at one point down 15 per cent against major currencies before regaining some ground \u2014 the Fed\u2019s resumption of rate cuts in September has kept it under pressure. <a href=\"https:\/\/www.ft.com\/content\/1712a946-5861-444e-9740-d488c865c5cf\">https:\/\/www.ft.com\/content\/1712a946-5861-444e-9740-d488c865c5cf<\/a><\/p>\n<h2 class=\"headline heading-xl \">The dollar has been the weakest major currency in 2025. &#8230;<\/h2>\n<p>The <a class=\"\" href=\"https:\/\/www.businessinsider.com\/us-dollar-vs-dxy-drop-debt-deficit-spending-trump-tariffs-2025-4\" target=\"_self\" rel=\"noopener noreferrer\" data-track-click=\"{&quot;element_name&quot;:&quot;body_link&quot;,&quot;event&quot;:&quot;tout_click&quot;,&quot;index&quot;:&quot;bi_value_unassigned&quot;,&quot;product_field&quot;:&quot;bi_value_unassigned&quot;}\" data-analytics-post-depth=\"20\" data-mrf-link=\"https:\/\/www.businessinsider.com\/us-dollar-vs-dxy-drop-debt-deficit-spending-trump-tariffs-2025-4\">US dollar<\/a> has declined against all of its main global peers in 2025, and the Dollar Index \u2014 which measures the greenback against a basket of foreign currencies \u2014 is down 10% this year. 12\/29\/25 <a href=\"https:\/\/www.businessinsider.com\/weak-us-dollar-usd-decline-impact-on-americans-inflation-2025-12\">https:\/\/www.businessinsider.com\/weak-us-dollar-usd-decline-impact-on-americans-inflation-2025-12<\/a><\/p><\/blockquote>\n<p>Last month, <em>ZeroHedge<\/em> posted the following:<\/p>\n<blockquote>\n<h2 class=\"ContributorArticleFull_title__H7nX0\">Currency Regime Change: Is Dollar Dominance Dead?<\/h2>\n<p>November 29, 2025<\/p>\n<p>The sages who studied the rise and fall of kingdoms would chuckle today, for the lesson is ancient:\u00a0<strong>money is the hard-earned fruit of labor<\/strong>, while\u00a0<strong>currency is merely the paper promise<\/strong>\u00a0that it still tastes good.\u00a0<strong>Money<\/strong>\u2014like\u00a0<strong>gold and silver<\/strong>\u2014is the crystallized effort of real work and real scarcity.\u00a0<strong>Currency<\/strong>, however, is its excitable younger cousin:\u00a0<strong>useful for trade, but spoiled the moment rulers discover the printing press<\/strong>.\u00a0<strong>Money is the idea; currency is the performance.<\/strong> One endures through dynasties, the other ages like milk whenever governments \u201cmanage\u201d it too enthusiastically. As Master Kong might say: \u201cHe who thinks he is saving money, but saves only currency, will one day learn the difference the hard way.\u201d In short, money keeps its virtue; currency keeps asking us to believe it still has some. \u2026<\/p>\n<p>The United States holds only\u00a0<strong>5% of the world\u2019s people<\/strong>, yet somehow manages to\u00a0<strong>inhale 25% of the world\u2019s consumption<\/strong>. As the Master might say, \u201cWhen one household eats like five, the neighbors will surely notice.\u201d\u00a0<strong>Americans burn through a quarter of global oil<\/strong>, nearly a third of the world\u2019s aluminum, almost a quarter of all coal, and a healthy share of copper. No wonder\u00a0<strong>nations line up at America\u2019s gate<\/strong>, eager to trade\u2014who wouldn\u2019t serve a customer with such an appetite? Europe, though\u00a0<strong>more populous, spends with the restraint<\/strong> of a scholar-official counting his brushstrokes. The EU\u2019s collective consumer spending reached $9.6 trillion in 2023, which works out to about $21,300 per person\u2014falling further in 2024. Meanwhile, the average American spends roughly $51,500, proving that while Europeans may savor life, Americans certainly buy it. \u2026<\/p>\n<p>Germany\u2019s lingering fear of inflation keeps taxes high and spending cautious, a habit born from World War I scars. <a href=\"https:\/\/www.zerohedge.com\/news\/2025-11-29\/currency-regime-change-dollar-dominance-dead\">https:\/\/www.zerohedge.com\/news\/2025-11-29\/currency-regime-change-dollar-dominance-dead<\/a><\/p><\/blockquote>\n<p><em>The Economist<\/em> posted the following:<\/p>\n<blockquote>\n<h2 class=\"css-1tik00t e1qjd5lc0\">The dollar\u2019s dominance is being challenged more and more<\/h2>\n<p>12 November 2025<\/p>\n<p><small>For developing <\/small>countries, a weaker greenback is usually good news. Poor-country governments borrow more in dollars than rich ones, so their debt bills get slashed. In the first six months of 2025, the dollar\u2019s value fell by about 10% against other rich-world currencies. But this time things were different. Most politicians in poor countries were aghast. <a href=\"https:\/\/www.economist.com\/the-world-ahead\/2025\/11\/12\/the-dollars-dominance-is-being-challenged-more-and-more\">https:\/\/www.economist.com\/the-world-ahead\/2025\/11\/12\/the-dollars-dominance-is-being-challenged-more-and-more<\/a><\/p><\/blockquote>\n<p>Yes, the USA dollar is being more and more bypassed (e.g. see <a title=\"Permanent Link to India and European Union linking up to bypass US dollar and SWIFT\" href=\"https:\/\/www.cogwriter.com\/news\/prophecy\/india-and-european-union-linking-up-to-bypass-us-dollar-and-swift\/\" rel=\"bookmark\">India and European Union linking up to bypass US dollar and SWIFT<\/a>) and more are looking at another currency, like the Euro, as the USA dollar\u2019s replacement<\/p>\n<p>Consider the following:<\/p>\n<ul>\n<li>The Euro is up 13-14% this year compared to the USA dollar, hence more are seeing it as a better alternative.<\/li>\n<li>US debt policies are weakening the value of the USA dollar.<\/li>\n<li>Trump Administration sanction, tariff, and trade policies are turning nations away from the USA dollar.<\/li>\n<li>The BRICS group was partially formed to bypass the USA dollar.<\/li>\n<li>With 41 nations in SEPA, the tide is turning towards the Euro.<\/li>\n<li>The rise of Europe as the end time Babylonian trade power is prophesied in the Bible.<\/li>\n<li>This will not and well for the USA or its dollar.<\/li>\n<\/ul>\n<p>Could the euro replace the dollar?<\/p>\n<p>Related to that, the <a href=\"https:\/\/www.cogwriter.com\/philadelphia-remnant-beliefs.htm\"><em>Continuing<\/em>\u00a0Church of God<\/a> put together the following video on our <a href=\"http:\/\/www.youtube.com\/BibleNewsProphecy\">Bible News Prophecy<\/a> YouTube channel:<\/p>\n<blockquote>\n<div id=\"contents\" class=\"style-scope ytd-shelf-renderer\">\n<div id=\"scroll-outer-container\" class=\"style-scope yt-horizontal-list-renderer\">\n<div id=\"scroll-container\" class=\"style-scope yt-horizontal-list-renderer\">\n<div id=\"items\" class=\"style-scope yt-horizontal-list-renderer\">\n<div id=\"dismissible\" class=\"style-scope ytd-grid-video-renderer\">\n<p><a class=\"yt-simple-endpoint inline-block style-scope ytd-thumbnail\" tabindex=\"-1\" href=\"https:\/\/www.youtube.com\/watch?v=OCNCVeaQGTE\" rel=\"null\" aria-hidden=\"true\"><img decoding=\"async\" class=\"ytCoreImageHost ytCoreImageFillParentHeight ytCoreImageFillParentWidth ytCoreImageContentModeScaleAspectFill ytCoreImageLoaded\" src=\"https:\/\/i.ytimg.com\/vi\/OCNCVeaQGTE\/hqdefault.jpg?sqp=-oaymwE2CPYBEIoBSFXyq4qpAygIARUAAIhCGAFwAcABBvABAfgB_gmAAtAFigIMCAAQARhlIFkoVjAP&amp;rs=AOn4CLA5d32BMO0Y2PCsbTQmlqxk2Uu2DA\" alt=\"\" \/><\/a><\/p>\n<div id=\"overlays\" class=\"style-scope ytd-thumbnail\">\n<div class=\"thumbnail-overlay-badge-shape style-scope ytd-thumbnail-overlay-time-status-renderer\">\n<div class=\"yt-badge-shape__text\">14:55<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"details\" class=\"style-scope ytd-grid-video-renderer\">\n<div id=\"text-metadata\" class=\"style-scope ytd-grid-video-renderer\">\n<div id=\"meta\" class=\"style-scope ytd-grid-video-renderer\">\n<h3 class=\"style-scope ytd-grid-video-renderer\"><a id=\"video-title\" class=\"yt-simple-endpoint style-scope ytd-grid-video-renderer\" title=\"Euro vs Dollar: And the winner is?\" href=\"https:\/\/www.youtube.com\/watch?v=OCNCVeaQGTE\" aria-label=\"Euro vs Dollar: And the winner is? 14 minutes, 55 seconds\">Euro vs Dollar: And the winner is?<\/a><\/h3>\n<p>In October 2025, the European Payments Council of the European Union announced that four more nations were entering into Single Euro Payments Area, also known as SEPA. This brings the total to 41 nations, representing 550 million people that are in SEPA. SEPA does not cover payments in currencies other than the euro, hence this is a euro promoting group. In 2025, the euro has gained 12-13% vs. the US dollar which has declined. Factors such as US financial policies, tariffs, debt, Donald Trump, and threats have been cited as factors. While the euro can drop in value, many are wondering if the euro will replace the US dollar as the world\u2019s reserve currency? Bloomberg has asserted, \u201cThere Is an Alternative to the Dollar \u2014 It\u2019s the Euro.\u201d IN addition to SEPA, nations in the BRICS+ alliance are also pushing to reduce, and eliminate, the use of the US dollar in cross-border trade\u2013BRICS+ represents 4.45 billion people\u2013between BRICS+ and SEPA, that is about a total of 5 billion people or 62.4% of the world\u2019s population, that are in organizations that are working to reduce use of the US dollar. Plus there are other nations such as Iran, Venezuela, and North Korea, who want to do that as well. Back in 1971, the old \u2018Plain Truth\u2019 magazine warned, \u201cA \u2018United States of Europe\u2019 possessing one single currency \u2013 a currency so strong that it will replace the U. S. dollar as the kingpin currency of world trade.\u201d Europe did come up with its own currency and we are seeing it increasingly used for cross-border trade. The massively negative impact on the US economy for its dollar to be dethroned as the world\u2019s primary reserve and trading currency would be real. Does this align with biblical prophecies? Dr. Thiel, himself, warned in December 2024, that in 2025, \u201cUS Dollar Dominance will Decrease,\u201d and it has. In this video, Steve Dupuie and Dr. Thiel discuss these matters as well possibly when the US dollar may be dethroned and that a European currency, with some type of at least implied gold backing, may replace it.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/blockquote>\n<p>Here is a link to our video:\u00a0<a id=\"video-title\" class=\"yt-simple-endpoint style-scope ytd-grid-video-renderer\" title=\"Euro vs Dollar: And the winner is?\" href=\"https:\/\/www.youtube.com\/watch?v=OCNCVeaQGTE\" aria-label=\"Euro vs Dollar: And the winner is? 14 minutes, 55 seconds\">Euro vs Dollar: And the winner is?<\/a><\/p>\n<p>The <em>BBC<\/em> reported the following this past Summer:<\/p>\n<blockquote>\n<h2 class=\"sc-f98b1ad2-0 dfvxux\">US debt is now $37trn \u2013 should we be worried? &#8230;<\/h2>\n<p>5 July 2025<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">Trump&#8217;s tax-cutting budget bill is expected to add at least $3 trillion (\u00a32.2 trillion) to the US&#8217;s already eye-watering $37tn (\u00a327tn) debt pile. There is no shortage of critics of the plan, not least Trump&#8217;s former ally Elon Musk, who has <a class=\"sc-f9178328-0 bGFWdi\" href=\"https:\/\/www.bbc.co.uk\/news\/articles\/c0j76djzgpvo\" target=\"_self\" rel=\"noopener noreferrer\">called it a &#8220;disgusting abomination&#8221;<\/a>.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">The growing debt pile leaves some to wonder whether there is a limit to how much the rest of the world will lend Uncle Sam.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">Those doubts have been showing up recently in the weaker value of the dollar and the higher interest rate investors are demanding to lend money to America. &#8230;<\/p>\n<div class=\"sc-3b6b161a-0 dEGcKf\" data-component=\"text-block\">\n<p class=\"sc-9a00e533-0 hxuGS\">So what might that trauma look like?<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">The first option is a drastic reduction in government spending, a big increase in taxes or both.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">Ray Dalio suggests that cutting the budget deficit from its current 6% to 3% soon could head off trouble in the future.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">Trump&#8217;s new budget bill did cut some spending, but it also cut taxes more, and so the current political trajectory is going the other way.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">Secondly, as in previous crises, the US central bank could print more money and use it to buy up government debt &#8211; as we saw after the great financial crisis of 2008.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">But that can end up fuelling inflation and inequality as the owners of assets like houses and shares do much better than those who rely on the value of labour.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">The third is a straightforward US default. Can&#8217;t pay won&#8217;t pay. Given that the &#8220;full faith and credit of the US Treasury&#8221; underpins the entire global financial system, that would make the great financial crisis look like a picnic.<\/p>\n<\/div>\n<div class=\"sc-3b6b161a-0 fDtfvH\" data-component=\"subheadline-block\">\n<h2 class=\"sc-f98b1ad2-0 eOFjmw\">&#8216;Cleanest dirty shirt&#8217;<\/h2>\n<\/div>\n<div class=\"sc-3b6b161a-0 dEGcKf\" data-component=\"text-block\">\n<p class=\"sc-9a00e533-0 hxuGS\">So how likely is any of this?<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">Right now, mercifully, not very.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">But the reasons why are not actually that comforting. The fact is, whether we like it or not, the world has few alternatives to the dollar.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">Economist and former bond supremo Mohamed El-Erian told the BBC that many are trying to reduce dollar holdings, &#8220;the dollar is overweight and the world knows it, which is why we have seen a rise in gold, the euro and the pound, but it&#8217;s hard to move at scale so there&#8217;s really very few places to go&#8221;.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">&#8220;The dollar is like your cleanest dirty shirt, you have to keep wearing it.&#8221;<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">Nevertheless, the future of the dollar and the world&#8217;s benchmark asset &#8211; US government bonds &#8211; is being discussed at the highest levels.<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">The governor of the Bank of England recently told the BBC that the levels of US debt and the status of the dollar is &#8220;very much on [US Treasury] Secretary Bessent&#8217;s mind. I don&#8217;t think the dollar is fundamentally under threat at the moment but he is very aware of these issues and I don&#8217;t think it is something that he underestimates.&#8221;<\/p>\n<p class=\"sc-9a00e533-0 hxuGS\">Debt of $37tn is an unfathomable number. If you saved a million dollars every day, it would take you 100,000 years to save up that much. <a href=\"https:\/\/www.bbc.com\/news\/articles\/c1lj8rmyn5eo\">https:\/\/www.bbc.com\/news\/articles\/c1lj8rmyn5eo<\/a><\/p>\n<\/div>\n<\/blockquote>\n<p>Despite many believing that the US dollar is the &#8220;cleanest dirty shirt,&#8221; its value against many currencies, including the euro, has dropped this year.<\/p>\n<p>The official debt of the US has risen by over $2 trillion since Donald Trump again became president of the US:<\/p>\n<blockquote><p>January 17, 2025 $36,206,593,315,575.15 https:\/\/fiscaldata.treasury.gov\/datasets\/debt-to-the-penny\/debt-to-the-penny last business date of Biden-Harris replaced when Trump-Vance inaugerated<\/p>\n<p>December 29, 2025 $38,386,384,190,622.68 https:\/\/fiscaldata.treasury.gov\/datasets\/debt-to-the-penny\/debt-to-the-penny<\/p><\/blockquote>\n<p>Now, consider a story, I have reported here before:<\/p>\n<blockquote><p>There once was a movie that had two men camping outdoors. Suddenly, one man yells, \u201cRun, a bear!\u201d The other man yells back, \u201cYou can\u2019t outrun a bear.\u201d The first man responded with, \u201cTrue, but all I have to do is to outrun you.\u201d<\/p><\/blockquote>\n<p>The implication is that the first man only needed to be a better runner than the second man, which presumably the bear would consider to be weaker, and then catch and destroy. This would, supposedly, allow the first man to survive.<\/p>\n<p>From an economic perspective, the story basically is that the debt and economic situation in Europe does not need to be perfect, only perceived to better (or at least similar) than that of the USA to someday surpass it. The euro may become perceived as the &#8220;cleanest dirty shirt,&#8221; especially since I believe it will also have at least implied backing by gold.<\/p>\n<p>While the Bible shows that gold and silver will one day be considered worse than useless (cf. Ezekiel 7: 19), it also shows that it will have value after the USA is defeated (cf. Daniel 11:39-43).<\/p>\n<p>That being said, yes the USA dollar will collapse one day&#8211;and some type of European-backed currency, possibly the Euro or perhaps some type of international basket of currencies will replace the US dollar as the world&#8217;s reserve currency.<\/p>\n<p>Here is something from my feee eBook book <span id=\"productTitle\" data-csa-c-id=\"66qsxj-uwcq1z-4l14i-7q9797\" data-cel-widget=\"productTitle\"><a href=\"https:\/\/www.cogwriter.com\/DonaldTrumpBookUnintended.pdf\">Unintended Consequences and Donald Trump\u2019s Presidency: Is Donald Trump Fulfilling Biblical, Islamic, Greco-Roman Catholic, Buddhist, and other America-Related Prophecies?<\/a><\/span>:<\/p>\n<blockquote><p>It may be of interest to note that back in the 1970s Europe was looking for a gold-backed currency.<a href=\"#_edn1\" name=\"_ednref1\">[i]<\/a> European central banks have, overall (there have been sales too by the European central banks), been accumulating gold since, and some in 2024 believe that the Europeans are still planning on having some type of gold-backing (or at least implied) of a European currency.<a href=\"#_edn2\" name=\"_ednref2\">[ii]<\/a><\/p>\n<p>Since many are now questioning the role of the USA\u00a0dollar as the world\u2019s reserve currency, more are looking into other currencies as well as gold.<\/p>\n<p><em>Gold will set records in U.S. dollar terms. <\/em><\/p>\n<p>In 2017, I also published that last statement in my book related to Donald Trump, and it did hit records in July and August in 2020. <a href=\"#_edn3\" name=\"_ednref3\">[iii]<\/a> Now, despite having ups and downs, as well as records hit in 2024, gold will set further records in U.S. dollar terms in the relatively near future.<\/p>\n<p>It has been asserted that:<\/p>\n<p style=\"padding-left: 40px;\">The only replacement for fiat {currency} is a currency credibly backed by gold.<a href=\"#_edn4\" name=\"_ednref4\">[iv]<\/a><\/p>\n<p>Although the above can be debated, the reality is after the elimination of the USA and the crash of its dollar, the world will want something more stable than unbacked currency. Thus, it is likely that some type of gold-backed currency will emerge as the preferred reserve currency in the world.<\/p>\n<p>It has long been reported that various nations around the world are already in the process of accumulating gold to one day overthrow the U.S. dollar\u2014and that the \u201cU.S. is unprepared for this strategic alternative to dollar dominance.\u201d<a href=\"#_edn5\" name=\"_ednref5\">[v]<\/a> Various steps were also taken in 2022 and 2024.<a href=\"#_edn6\" name=\"_ednref6\">[vi]<\/a><\/p>\n<p>When the U.S.\u00a0dollar totally collapses people all around the world will consider that even if the euro (or something similar)\u00a0is strong, having a more gold-backed currency would be safer.<\/p>\n<p>The collapse of the USA dollar will shake a lot of the world\u2019s confidence in non-gold backed currencies. The Europeans do not have to have a perfect currency, only one that is perceived to be in better shape than the USA dollar or various other currencies.<\/p>\n<p>Having the European power acquiring more gold\u00a0to back the Euro or possibly another future European currency (that might potentially replace the Euro or even a basket of currencies) may greatly increase European credibility, prosperity, and influence around the globe, even if the backing is only implied.<\/p>\n<p>The debt accumulation policies of the Obama-Biden and the Trump-Pence Administrations, which were a massive acceleration of the previous policies of the Bush Administration, have to a large degree been continued and expanded by the Biden-Harris Administration.<\/p>\n<p>The increases in America\u2019s debt are heading the world into the time when something other than the U.S. dollar will be valued as its reserve currency.<\/p>\n<p>A Trump-Vance Administration would need to make massive changes to possibly prevent this.<\/p>\n<p>The USA and its dollar are at serious risk.<\/p>\n<p>The increases in America\u2019s debt are leading the world into the time when something other than the U.S. dollar will be valued as its reserve currency.<\/p>\n<p>The USA and its dollar are at serious risk.<\/p>\n<p><a href=\"#_ednref1\" name=\"_edn1\">[i]<\/a><sup> Nieuwenhuijs J. Europe Has Been Preparing A Global Gold Standard Since The 1970s. SeekingAlpha.com, July 16, 2020<\/sup><\/p>\n<p><a href=\"#_ednref2\" name=\"_edn2\">[ii]<\/a><sup> Nieuwenhuijs J. Europe Is Finalizing Preparations for a Gold Standard. ActivistPost.com, November 9, 2024<\/sup><\/p>\n<p><a href=\"#_ednref3\" name=\"_edn3\">[iii]<\/a> Gold hits new record, posts best month since 2016 CNBC, July 30, 2020; Woodall T. Gold surges to new highs as US dollar weakens despite growing macro risks. S&amp;P Global, August 10, 2020<\/p>\n<p><a href=\"#_ednref4\" name=\"_edn4\">[iv]<\/a><sup> MacLeod A. Designing a new currency is impractical. Goldmoney Insights, March 24, 2022<\/sup><\/p>\n<p><a href=\"#_ednref5\" name=\"_edn5\">[v]<\/a> Rickards J. Axis of Gold. The Daily Reckoning, December 20, 2016<\/p>\n<p><a href=\"#_ednref6\" name=\"_edn6\">[vi]<\/a><sup> Guistra F. Why the U.S. dollar will be replaced as the dominant global currency \u2014 sooner than you think. Toronto Star, July 5, 2022; Bezek I, Duggan W. De-Dollarization: What Would Happen if the Dollar Lost Reserve Currency Status? US News &amp; World Report, November 2024<\/sup><\/p><\/blockquote>\n<p>The US dollar will one day be worth no more than its scrap or burning value, other than perhaps as a collector&#8217;s novelty.<\/p>\n<p>As far as gold as a partial replacement for the US dollar, the <a href=\"http:\/\/www.cogwriter.com\/philadelphia-remnant-beliefs.htm\"><em>Continuing<\/em> Church of God<\/a> (CCOG) put out the following video on our <a href=\"http:\/\/www.youtube.com\/BibleNewsProphecy\">Bible News Prophecy<\/a> YouTube channel:<\/p>\n<blockquote>\n<div id=\"contents\" class=\"style-scope ytd-shelf-renderer\">\n<div id=\"scroll-container\" class=\"style-scope yt-horizontal-list-renderer\">\n<div id=\"items\" class=\"style-scope yt-horizontal-list-renderer\">\n<div id=\"dismissible\" class=\"style-scope ytd-grid-video-renderer\">\n<p><a class=\"yt-simple-endpoint inline-block style-scope ytd-thumbnail\" tabindex=\"-1\" href=\"https:\/\/www.youtube.com\/watch?v=YcMrTiGxDb8\" rel=\"null\" aria-hidden=\"true\"><img decoding=\"async\" id=\"img\" class=\"style-scope yt-img-shadow\" src=\"https:\/\/i.ytimg.com\/vi\/YcMrTiGxDb8\/hqdefault.jpg?sqp=-oaymwEcCPYBEIoBSFXyq4qpAw4IARUAAIhCGAFwAcABBg==&amp;rs=AOn4CLCA-Mv1442rWfSo1kTcEv2sy0CITg\" alt=\"\" width=\"210\" \/><\/a><\/p>\n<div id=\"overlays\" class=\"style-scope ytd-thumbnail\"><span class=\"style-scope ytd-thumbnail-overlay-time-status-renderer\" aria-label=\"12 minutes, 30 seconds\"> 12:30 <\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div id=\"details\" class=\"style-scope ytd-grid-video-renderer\">\n<div id=\"meta\" class=\"style-scope ytd-grid-video-renderer\">\n<h3 class=\"style-scope ytd-grid-video-renderer\"><a id=\"video-title\" class=\"yt-simple-endpoint style-scope ytd-grid-video-renderer\" title=\"Gold Backed Currency to Replace the US Dollar?\" href=\"https:\/\/www.youtube.com\/watch?v=YcMrTiGxDb8\" aria-label=\"Gold Backed Currency to Replace the US Dollar? by BibleNewsProphecy 6 hours ago 12 minutes, 30 seconds 70 views\">Gold Backed Currency to Replace the US Dollar?<\/a><\/h3>\n<\/div>\n<\/div>\n<p><span class=\"style-scope yt-formatted-string\" dir=\"auto\">China introduced something that was called the gold-petro-yuan back in 2018. Since then, the global share of US-dollar-dominated exchange reserves have dropped to 59.0%. In April 2021, China became the first major economy to unleash a Central Bank Digital Currency. China also has given its banks permission to import large amounts of gold. Is China preparing for a gold-backed yuan to push aside the US dollar or to help it survive a US dollar cataclysm? Are other nations preparing to push the US dollar aside? Do Europeans seem to have the most gold? Are Europeans prophesied to gain more gold? Is the US debt trajectory sustainable per Fed Chairman Jerome Powell? Does the Bible warn of the end coming to the highly indebted in Habakkuk 2:6-8? Why does it looked like a gold-backed currency will replace the US dollar? Will the US dollar, ultimately, become essentially worthless? Dr Thiel addresses these issues and more.<\/span><a id=\"video-title\" class=\"yt-simple-endpoint style-scope ytd-grid-video-renderer\" title=\"Mystery of Race\" href=\"https:\/\/www.youtube.com\/watch?v=EsCVwfiQ4-Q\" aria-label=\"Mystery of Race by BibleNewsProphecy 1 hour ago 22 minutes 17 views\"><\/a><\/p><\/blockquote>\n<p>Here is a link to our video: <a id=\"video-title\" class=\"yt-simple-endpoint style-scope ytd-grid-video-renderer\" title=\"Gold Backed Currency to Replace the US Dollar?\" href=\"https:\/\/www.youtube.com\/watch?v=YcMrTiGxDb8\" aria-label=\"Gold Backed Currency to Replace the US Dollar? by BibleNewsProphecy 6 hours ago 12 minutes, 30 seconds 70 views\">Gold Backed Currency to Replace the US Dollar?<\/a><\/p>\n<p>The US dollar will collapse a few years before Jesus returns.<\/p>\n<p>If you think that the USA and its dollar will continue to be number 1 and claim to believe the Bible, please consider biblical prophecies such as Daniel 11:39; Habakkuk 2:6-8; Isaiah 10:5-11 (see also <span class=\"style411\"><a href=\"http:\/\/www.cogwriter.com\/usa-strongest-fortresses.htm\">USA in Prophecy: The Strongest Fortresses<\/a><\/span> and\/or watch <a href=\"https:\/\/www.youtube.com\/watch?v=XAgWKowHR1A\" data-sessionlink=\"ei=tiUVWML8JZDqqAWa9Y64Cw\">Do these 7 prophesies point to the end of the USA?<\/a>).<\/p>\n<p>Hopefully, you are taking the proper spiritual steps now, whether or not you might be American.<\/p>\n<p><em>Some items of possibly related interest may include<\/em>:<\/p>\n<p><a href=\"http:\/\/www.cogwriter.com\/end-of-us-dollar.htm\">The End of US Dollar Dominance<\/a> Is the USA losing its economic status? What about the petro-gold-yuan? A related video is also available: <a id=\"video-title7\" title=\"US Dollar being challenged by Gold-Petro-Yuan\" href=\"https:\/\/www.youtube.com\/watch?v=Tr5lh1sgMxQ\" aria-label=\"US Dollar being challenged by Gold-Petro-Yuan by BibleNewsProphecy 29 minutes ago 15 minutes 10 views\">US Dollar being challenged by Gold-Petro-Yuan<\/a>.<span class=\"style17\"><br \/>\n<a href=\"https:\/\/www.cogwriter.com\/gold-in-prophecy-christian.htm\">The Plain Truth About Gold in Prophecy. How Should a Christian View Gold?<\/a> What do economists and the Bible teach about gold? Gold and silver may drop in value. Inflation\/deflation? What do Christians need to know about gold and silver? Two videos of related interest may be: <a dir=\"ltr\" title=\"Germany, Gold, and the US Dollar\" href=\"https:\/\/www.youtube.com\/watch?v=Fjr5g2b4-Gg\" data-sessionlink=\"ei=iZesWKSmJ8qQ-QOLiqCgCw&amp;feature=c4-feed-u&amp;ved=COABEKYeIhMI5I6g2vih0gIVSkh-Ch0LBQi0KJsc\">Germany, Gold, and the US Dollar<\/a> and <a id=\"video-title296\" title=\"Silver, Science, and Scripture\" href=\"https:\/\/www.youtube.com\/watch?v=JVRbucUP_Gg\" aria-label=\"Silver, Science, and Scripture by BibleNewsProphecy 9 hours ago 15 minutes 37 views\">Silver, Science, and Scripture<\/a>.<br \/>\n<strong>HABAKKUK<\/strong> Here is a link to the article <a href=\"https:\/\/cogwriter.com\/habakkuk.htm\">Commentary on Habakkuk and the End of the United States<\/a>. God gave Habakkuk a message on living by faith. Did God give a prophecy concerning debt and the destruction of the United States?<br \/>\n<\/span><a href=\"https:\/\/www.cogwriter.com\/donald-trump-prophecy.htm\">Donald Trump in Prophecy<\/a> Prophecy, Donald Trump? Are there prophecies that Donald Trump may fulfill?\u00a0 Are there any prophecies that he has already helped fulfill?\u00a0 Is a Donald Trump presidency proving to be apocalyptic?\u00a0 Three related videos are available: <a dir=\"ltr\" title=\"Donald: 'Trump of God' or Apocalyptic?\" href=\"https:\/\/www.youtube.com\/watch?v=mnBqgV9z0d0\" aria-describedby=\"description-id-765029\" data-sessionlink=\"ei=lSmGWPa9OcOHuwKKgoKwCw&amp;feature=c4-feed-u&amp;ved=CMcBEKYeIhMIttywwNLY0QIVw8NOCh0KgQC2KJsc\">Donald: &#8216;Trump of God&#8217; or Apocalyptic?<\/a> and <a id=\"video-title26\" title=\"Donald Trump's Prophetic Presidency\" href=\"https:\/\/www.youtube.com\/watch?v=92uw-nd-LHY\" aria-label=\"Donald Trump's Prophetic Presidency by BibleNewsProphecy 1 hour ago 26 minutes 19 views\">Donald Trump&#8217;s Prophetic Presidency<\/a> and \u00a0<a id=\"video-title359\" title=\"Donald Trump and Unintended Consequences\" href=\"https:\/\/www.youtube.com\/watch?v=XNslSe4-ABU\" aria-label=\"Donald Trump and Unintended Consequences by BibleNewsProphecy 13 views 1 hour ago 14 minutes, 43 seconds\">Donald Trump and Unintended Consequences<\/a>.<br \/>\n<span id=\"productTitle\" data-csa-c-id=\"66qsxj-uwcq1z-4l14i-7q9797\" data-cel-widget=\"productTitle\"><a href=\"https:\/\/www.cogwriter.com\/DonaldTrumpBookUnintended.pdf\">Unintended Consequences and Donald Trump\u2019s Presidency: Is Donald Trump Fulfilling Biblical, Islamic, Greco-Roman Catholic, Buddhist, and other America-Related Prophecies?<\/a>\u00a0 Is Donald Trump going to save the USA or are there going to be many disastrous unintended consequences of his statements and policies? What will happen? This is a free eBook. <\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Pixabay photo) COGwriter Despite certain assertions by the Trump Administration (as well as the previous Biden Administration), respect and the value of the US dollar has been dropping, at least according to the currency markets: Dollar on course for biggest drop in almost a decade 31 December 2025 Russian rouble crowned 2025\u2019s best-performing currency &#8230; [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-98913","post","type-post","status-publish","format-standard","hentry","category-prophecy"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/posts\/98913","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/comments?post=98913"}],"version-history":[{"count":5,"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/posts\/98913\/revisions"}],"predecessor-version":[{"id":98925,"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/posts\/98913\/revisions\/98925"}],"wp:attachment":[{"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/media?parent=98913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/categories?post=98913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cogwriter.com\/news\/wp-json\/wp\/v2\/tags?post=98913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}