If anything it might force them to print so much money for bailouts that the Fed would go bankrupt. They will then try to force the world onto a new fiat system, but this will fail. People will start trading with crypto, precious metals, etc. before they have a chance to clamp down on anything. But this doesn't mean that they won't try to force it, and they'll probably make an ungodly mess in the process.
Wishful thinking. Most people do not have crypto or gold and silver. Most people are going to demand the government do something to fix the problem and that solution will be the great re-set.
Not dooming at all, just think about it logically. I would love it if we went to a metals based system because gold would have to be $100K per ounce and silver would also go extremely high and I would become very wealthy. They will do anything to prevent that from happening though.
If anything it might force them to print so much money for bailouts that the Fed would go bankrupt. They will then try to force the world onto a new fiat system, but this will fail. People will start trading with crypto, precious metals, etc. before they have a chance to clamp down on anything. But this doesn't mean that they won't try to force it, and they'll probably make an ungodly mess in the process.
Wishful thinking. Most people do not have crypto or gold and silver. Most people are going to demand the government do something to fix the problem and that solution will be the great re-set.
Not dooming at all, just think about it logically. I would love it if we went to a metals based system because gold would have to be $100K per ounce and silver would also go extremely high and I would become very wealthy. They will do anything to prevent that from happening though.