History[ edit ] Term papers date back to the beginning of the 19th century when print could be reproduced cheaply and written texts of all types reports, memoranda, specifications, and scholarly articles could be easily produced and disseminated. Moulton and Holmes write that during the years from to "American education was transformed as writing became a method of discourse and research the hallmark of learning. Essay mill In the present day an entire industry has sprung up to provide plagiarized, pre-written or custom written term papers for students of varying levels of education.
NYT The United States has enjoyed reserve currency status for nearly a century, but our time may be quickly coming to an end. However, the very same reasons responsible for the collapse of the aureus Roman golddinarius Roman silversolidus, gulden and pound will be responsible for the downfall of the dollar.
When governments spend more money than they bring in via taxation they are forced to devalue, sometimes very slowly, their currency. Does the above chart look somewhat familiar? What took the Romans nearly three centuries to accomplish, our Federal Reserve has done in less than one hundred.
The fall of currencies and empires throughout history is a constant. It is no different this time. Our fate, it seems, is sealed.
In fact, the US dollar vs.
When that happens, expect the unexpected. A rapid meltdown of the US dollar will lead to an economic crisis never before experienced in the modern world, and will likely result in our worst fears coming to pass. As unlikely as it sounds, it is quite possibly the way it will all go down.
Look again at the charts above.
Do you think there is any way to avoid such an outcome? The collapse of nations, especially super-powers, is never a pleasant affair. Click here to subscribe: Join over one million monthly readers and receive breaking news, strategies, ideas and commentary.
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The assumption among the majority of Americans is that the US dollar as the world’s reserve currency will maintain America’s political, financial and economic hegemony around the world for decades to come. But, if there’s one lesson to be taken from economic history, it’s that no currency.