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!
Stay in cash and stable coins while the dollar is pumping, then once markets hit the bottom and the DXY finally reverses course, buy crypto and physical gold. Get a hardware wallet like trezor or ledger and keep your crypto off centralized exchanges.
Keep a close eye on FED statements, CPI reports, and interest rates.
I wouldn't be caught dead using Tether / USDT though. That house of cards will fall one day.
Apparently they are actually getting ready to prove their assets they use to back it up, but I agree. USDC and Dai seem like the best options at the moment.
Any timeline on that? I'd find it sus if it's soon like anytime before the end of Oct.
If they are dirty they are more than likely working with the central banks or cabal and would have an event scheduled that would stop, perm shutdown, disrupt, overshadow, or delay indefinably. The same thing they do when their fractional banking system cycles near the end. Big event. Reset. New unbacked currency / system. Repeat.
War. EMP. Natural Disaster. Virus. Aliens. Personally my money is on Aliens or EMP. Maybe both!