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!
bad assertion is bad.
Edit: There's a difference between "holding" something and "possessing" something. For example, this website & URL... can someone "hold" it? No. Does it belong to someone? Yes Do you have information in your mind? Can you hold it? Do you have salvation through Christ? Can you hold it? Do you have skills? Can you hold them? Do you have a collage degree? Can you hold it? No, but you can have something that signifies and proves that you hold it, much like a car title that works even if someone else is in possession of it. The cops aren't gonna say "sorry boss he's holding the car" Lots more examples that can be made in multiple categories.
Right now you don't really "own" any digital content that you buy that is hosted somewhere like iTunes, Amazon, Google, Steam, etc. You may have their DMC protected copy on your device but can you transfer ownership like a physical copy? NowThis is a paradigm shift of epic proportions.
Right now if you think you "own" stocks and you have them with a broker and not either paper stock certificates (that represent the share and company btw, another example) you don't own the stocks, your broker does on behalf of you but their interests come first. This changes that.
YOUR digital items or NFTs signifying the authenticity / ownership of real world items (Like NFT Home Titles or an NFT showing the Gucci handbag you own is authentic) will be in YOUR wallet that YOU control.
Try to think in the proper categories.
Logical statement is sound though
On the surface but when you think for a moment even without an understanding of what NFTs are you can see it's clearly not true.
There's a difference between "holding" something and "possessing" something. For example, this website & URL... can someone "hold" it? No. Does it belong to someone? Yes Do you have information in your mind? Can you hold it? Do you have salvation through Christ? Can you hold it? Do you have skills? Can you hold them? Do you have a collage degree? Can you hold it? No, but you can have something that signifies and proves that you hold it, much like a car title that works even if someone else is in possession of it. The cops aren't gonna say "sorry boss he's holding the car" Lots more examples that can be made in multiple categories.
Right now you don't really "own" any digital content that you buy that is hosted somewhere like iTunes, Amazon, Google, Steam, etc. You may have their DMC protected copy on your device but can you transfer ownership like a physical copy? NowThis is a paradigm shift of epic proportions.
Right now if you think you "own" stocks and you have them with a broker and not either paper stock certificates (that represent the share and company btw, another example) you don't own the stocks, your broker does on behalf of you but their interests come first. This changes that.
YOUR digital items or NFTs signifying the authenticity / ownership of real world items (Like NFT Home Titles or an NFT showing the Gucci handbag you own is authentic) will be in YOUR wallet that YOU control.
Try to think in the proper categories.
But you literally cannot hold an NFT. You completely missed the point of what I said and got offended first. This shilling shit needs to stop. It's not Q related and no one cares. Fuck off. This is peak cringe and reddit advertising.
LOL Yeah no crap you can't hold an NFT.... unless you put it on a thumb drive, then you are holding it. Holding a digital token of ownership proving you own something either digital or real world from music albums, to concert tickets (NFT ticketing WILL replace Ticketmaster very soon) is the POINT of them in an increasingly digital age. Do you own any stocks? Upload a picture of you holding one in your hand. Got a 401k? Send a pic of it in your hand WHILE it's still a 401k.
Were EXACTLY did I get offended? You, however are the one cursing at me suddenly for no reason. You seem to be projecting.
What EXACTLY am I shilling? NFTs? That's a category of technology. I brought it up because when the market collapses that's the TECH that will replace Wall Street IMO. I'm not telling people to buy anything. I'm talking about a market / dollar collapse coming likely in Red STOCKober.
Lets take a look at any solid digs you've written and posted...... Oh, there aren't any. Maybe some good comments.... wow you're a Christian? Never would have guessed by you're behavior above. I guess the salt has lost its flavor.
Here's what I think.... you made a poorly thought out comment about a tech you don't understand and instead of saying "oh I didn't know that" when I took the time to reply to help you understand and educate you on the subject, your pride rose up because you don't like to be wrong about stuff and since we're not face to face you lash out at me from the safety of your device as if God isn't watching you and you will need to account for that false accusation, that pride and that personal attack against a brother in Christ.
Out of the abundance of the heart, the mouth speaks.