Trump said something about “everyone is going to want the dollar” or soemthing.
Which dollar ? The bastardized one currently losing value by the day ? Or a new one ? Don’t know how they could switch to a new dollar, as all of our current debt is Denominated in the current USD. If the dollar crashes, a loss of faith, and people rush to a new dollar that is waiting, that would crate chaos for old debt … which is also why I just grabbed some new debt.
The dollars I will pay back on the loan on a year will be worth less than the dollars i pay now. They are printing like mad lads …
Thinking maybe the Federal Reserve Note gets eliminated, and the US Treasury Note takes its place, in dollars. Possibly some sort of one-time exchange, but plenty of black-box speculation for anything to happen.
Trump said something about “everyone is going to want the dollar” or soemthing.
Which dollar ? The bastardized one currently losing value by the day ? Or a new one ? Don’t know how they could switch to a new dollar, as all of our current debt is Denominated in the current USD. If the dollar crashes, a loss of faith, and people rush to a new dollar that is waiting, that would crate chaos for old debt … which is also why I just grabbed some new debt.
The dollars I will pay back on the loan on a year will be worth less than the dollars i pay now. They are printing like mad lads …
Thinking maybe the Federal Reserve Note gets eliminated, and the US Treasury Note takes its place, in dollars. Possibly some sort of one-time exchange, but plenty of black-box speculation for anything to happen.