The BBC reports that the Belarus Ruble, a fiat currency is crashing. Basically, overnight the Belarus central bank has devalued their ruble by about 30%. This has led to long gasiline lines, empty store shelves, and other chaos.
The central bank devalued it's currency. Previously, the dollar bought 4,930 rubles, now it buys 3,155 rubles. Put it this way. Let's say a candy bat there costs about 5,000 rubles. Today, it still costs about 5,000 rubles. In the past one dollar was able to buy the candy bar. But now because of the ruble currency devaluation it now takes $1.30 to buy the same candy bar.
So what does a Belarus ruble falling have to do with the US. Belarus and the United States are very similar in that both have fiat currencies controlled by large central banks. Both countries are fiat currency based countries where the currency in not backed by anything of value. Then add the component of a central bank that controls or shoudl I say manipulates the currency to try to meet their needs, then you have a centralized controlled manipulated market. History shows that this tyep of system always fails.
The weaking Belarus financial system is just another example that a fiat currency controlled by a large centralized bank ultimately crumbles. The same thing could and will eventually happen to the United States.