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The coming economic collapse we speak of is a meltdown in the value of the USD. This is going to be caused by hyperinflation. Hyperinflation is when the money creator, the Federal Reserve in this case, prints money nonstop and technically goes over 100% inflation rate. This means that at the end of the year, your money will only buy half of what it did at the beginning. It quickly spirals out of control as the government prints more and more and more to cover its obligations which get harder and harder to do because the money gets worth less and more worth less until it is worthless (note the spaces). If you want to see a good example, look at Zimbabwe now, Wiemar Germany post-WW1, and some others. Toilet paper will literally be worth more than a dollars. There will be so much around you will have no problem keeping warm in the winter cause you can burn it.

How did we get here? Well, it all started in 1913 with the Federal Reserve Act and creation of the Federal Reserve. The Federal Reserve has the sole ability to print money. Originally, we were still on a gold standard but this officially ended in 1933-35 when FDR outlawed ownership of gold, confiscated gold, and only allowed foreigners to exchange dollars for gold. Then in 1971 Nixon, after all the printing going on to pay for the Vietnam war and to pay for the newly founded welfare society created by LBJ's "Great Society", had printed far more dollars than we could cover at the $35/ounce of gold. He told everyone to basically puck off; youre not getting any gold because we ran out. After that, the inflation really took off. This was because of the deficit spending from the national government for this program and that program and this war and that war and their unwillingness to increase visible taxes because if people knew how much these programs and wars really cost and how ineffective they really are, they might not like the people in government so much and we might have a repeat of 1776. Inflation though, is a hidden tax. It steals not your money, but your purchasing power. If the money supply increases 10%, your money has lost 10% of its power. This is what has caused the steady rise in prices over the decades. The sharp rise in gas is directly caused by inflation since 2001 and it's going to kill the dollar, the life blood of our economy.