THE VALUE OF THE DOLLAR OR SOMETHING LIKE IT: WHAT IS OUR MONEY BACKED BY REALLY?

Rolled 20 U.s Dollar Bill

“What if confidence is lost?”


 The United States currency has been a long subject of debate. And that debate is, what is our money really worth? Because in reality it’s just paper. And the real confidence is in our economy. Because if our economy begins to decline, then what are these sheets of paper? Well then, could it happen? Could we see America fall into a second Great Depression twice in America’s history? With the industrial age looking more and more like something of the past, what is going to replace it? It’s going to be this new technological space. Yet we have an uneducated populace who are not only unaware, but not willing to learn this new way. And with that comes uncertainty within the market. And now what you have is uncertainty in our dollars as well. So what do you do about the potential value of the American dollar falling or even collapsing?

The fear of this could send the nation into a tail spin. We are already behind the Euro and the British Pound. And with China now the largest economy in the world, who knows, their currency could be next to surpass us. Then, once all these different currencies start to pass us, can we truly say we are still this great nation? How are we such a great place when places that are seen by us as not as great surpassing us? That image dies and so does the status of America. Now, am I saying brace yourself for a catastrophe, no. But we should be mindful of the sensitivity of the market. Let’s say though for a minute that our system does collapse. What could this mean for the countries who we owe money to in debt? Would this mean that we would have to start cyphering off assets we do have left.

These various assets could mean natural resources, or better yet, land. Imagine the chaos if people found out that we no longer were in control of our land anymore. Like I said, this is still a stretch, but it has happened before. And in the end, that is the true fear. Chaos has happened once before. And for some reason, we as people tend to always forget history and repeat the same mistakes. Hopefully, we are able to maintain our confidence in our dollars and our economy can grow. Otherwise, we’ll fall victim to our own lack of hubris and ignorance.


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Author: faheemjackson44

I am from Racine, Wisconsin where I was raised until I graduated high school back in the year 2006. That entire time growing up in my mother's house, I was a student athlete. My goal was to embark on a general business career or athletics. But injuries through sports stopped a sports path, so I decided upon business with a focus in marketing. While attending undergraduate school at University of Wisconsin-Parkside, I began to write screenplays in my senior year. At first it was for fun, but I quickly learned writing allow me to transfer negative energy into characters I created. This led to a decrease in depressing mood swings, which in turn boosted my quality of life. After undergraduate school in May of 2011, I move to New York City for graduate school. While pursuing my MBA, I continued to write screenplays, but always wanted to write novels as well. I finished graduate school back in the year 2014, but wrote screenplays until I began thinking of my first short film, first First Day Fears. While finishing my fifth feature length screenplay, I started to write my first novel this year. So far, I have finished my first short film and working on my next one (Freedomless Speech), and recently self published my first novel (The Boy Who Could Talk To God) and short stories book (Faheem Jackson Short Story Collection Volume 1). My feature length screenplays have been put on temporary hold to finish my short films and books, but I am making good progress on my sixth feature length screenplay. With year 2017 ending, I am currently writing my novel Precinct 86 and Faheem Jackson Short Story Collection Vol. 2. I have started teaching myself photography and will pursuing that by summer of 2018, along with my videography, podcast later on, and more research for my documentary.

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