Global demand for dollars INCREASES during the end of a currency regime, because the whole system delevers and all these foreign countries need to pay off their debt. Remember most foreign countries have their debt denominated in dollars.
So they will sell treasuries and US equities in order to get dollars. And most of all their own currencies.
The dollar will scream higher on foreign exchange, while everything else falls. It is a strange world.
Basically, the Fed will have to eventually decide if they want to save the Eurodollar system and by extension, foreign countries from seeing their currencies collapse vs the dollar.
They will have to re-run Plaza Accords (G7 agreement from 1985) to devalue the dollar.
All roads lead to more money printing which = inflation.
Then.... The Fed Stopped Buying MBS 7 days ago. The purpose of MBS purchases was to repress mortgage rates and inflate home prices. That process has already started to reverse over a week ago. TA:DR **October **20th the last MBS trade will settle with The Fed. What happens between now and then? We shall see.
In a dollar endgame, the collapse begins at the periphery and moves to the core.
The first dominoes begin to fall...
Then the stock market is also showing signs of BIG trouble..... the VIX has officially hit 30 again. We’re officially in “large volatility resulting from increased uncertainty, risk, and investor fear”. Looks like it will be a RED OCTOBER in the markets.
At the same time... from the FTX president AMA: They want to "set up a regulated exchange in the US that is able to offer security tokens..."
Tokenized securities are coming. A new stock market with stocks as NFTs. This ends most fraud / loopholes being used in the current system and with virtually no need for gov oversite / regulation besides just the rules / regulations they want programed in. This takes a HUGE amount of power from corrupt institutions.
FTX is working with GameStop and LoopRing (LRC)
Rumor is OCTOBER launch on that.
All this seems to be coming together at the same time.... almost like there was a plan to blow up the old system and replace it with something better.
For those that don't understand NFTs or what tokenized securities / assets means check out this post I made a while back:
The revolution will be tokenized. (Why the MSM trashes NFTs so hard) Game Stop = Game Over!
Indeed!
I keep telling folks that stocks will be tokenized on blockchains in the very near future. It truly is inevitable.
If anyone is interested in how this infrastructure might come about, do read my post on the crypto / tech project Revolution Populi. The RevPop team are building a crypto clearing house for institutional buy in that will fund a new decentralized database for use in decentralized social apps. Exciting stuff!
Nice! I had another post a while ago that didn't get traction on NFTs and how they disrupt ALOT of industries in favor of consumers and individuals / small biz. https://greatawakening.win/p/15Ir28rdyw/the-revolution-will-be-tokenized/
Most folks don't realize that crypto is not just a currency tool, but also a tool for all assets, as well as use case scenarios.
It is very easy for Anons, Patriots, and Normies to fall into the mind trap of thinking all crypto is a scam or a pyramid scheme. Its not unlike how the media uses the Qanon psy-op to maintain a barrier between the masses and the genuine Q research.
I believe there is a concerted effort to keep the masses far away from widespread mass adoption of crypto.
Yeah crypto can take alot of power away form the establishment IF it's decentralized.
The government can never be trusted to issue currency again and neither can banks. Historically it always ends badly. Crypto currency is the only solution currently.
And tokens change alot of things. The possibilities are unimaginable at this point.
Oh thank God, so you're telling me I didn't waste my money on a fat stack of RVP?
Edit: have there been any more updates from the team since last year? I remember waiting to hear more about a big development...
I do not believe anything was wasted.
The RVP team has gone radio silence these past six months, but rest assured that they are not the sort of people to abandon ship and leave investors out to dry. I believe their silence is indicative of ongoing audits, as well as non disclosure agreements.
If RVP is truly going to be a major facet of the new economic standard, then the lack of communication from the team is understandable. They may very well be aware of the impending market crash, and the financial ruin that is about to befall the entire world.
I cannot give financial advice. Everyone must act on their own beliefs. For myself, I will be hodling onto my RVP investment for the next five years. I could be very wrong, but then again I could be very right. Time will tell.
If you don’t mind explaining, what does RVP bring to the table in all of this?
Read my post from some months back about Revolution Populi. (RVP)
The RVP team are working on a new Layer-1 blockchain that combines a three tiered approach to the problem of tech censorship.
Their primary goal is to return data sovereignty to the people. Basically that translates into enabling people to own their own data. Data can be anything from your social security number, medical records, text messaging, e-mail, etc... Right now, all of that data is consolidated into a river of information that the Big Tech corporations tap into for nearly unlimited wealth. This is how Facebook amassed billions of dollars. They stole user data, and sold it on the market to the highest bidder.
Their secondary goal, which supports their primary goal, is to create a Crypto Clearing House. This is where the possibilities of tokenized stocks come into play. Crypto has no clearing house as of yet, which means that trades in the crypto market are not guaranteed. For the average Joe trading crypto, this is not much of a risk if investments are made in small amounts. For institutions looking to invest billions, or even trillions into crypto assets, this is a major risk that is not worth taking.
If the tokenization of the stock market occurs, as I believe it will, they are going to need clearing house organizations that can shore up the integrity in the crypto market in order to guarantee trades and transactions between parties. RVP might sit right in the middle of all of this action if the cards play out the way I believe they will.
Not financial advice though! Do as you will with your finances.
Thanks for the detailed and well thought out answer!