So from reading some of those twits, the US dollar will skyrocket in value? Basically saying the rest of the world owes the US 80trillion. So the Fed will just keep printing money as fast as possible, to be covered by foreign money, eventually.
Sort of my understanding. All debts still have to be reconciled in usd unless the whole world defaults. Let’s say all debts are reconciled the dollar will collapse as well. Basically everything has to go through the dollar even the collapse of the dollar. Causing the dollar to be more expensive for a time. The world doesn’t want that they like their cheap hand me outs. “Our” “Federal reserve” doesn’t work for us but for foreign monetary interests.
A little incoherent. But that’s my basic understanding.
Between that, printing money like mad by adding zeros to Fed accounts and derivatives, When does it go Boom 💥? Or will shove their CBDC Down our throats first ?
I'll sell one GME share for $80 trillion. BUY, HODL & DRS!
Celling yourself short no?
Typo very intended
Shit I could use $80 right now
Time to collapse it all you say?
Exactly.
The $30 trillion is chump change to the off balance sheet debts.
They hide it in the open, and only those who know go looking for it.
Came here to say this. Real leverage and derivatives are 100's of trillions if not quadrillion +
So from reading some of those twits, the US dollar will skyrocket in value? Basically saying the rest of the world owes the US 80trillion. So the Fed will just keep printing money as fast as possible, to be covered by foreign money, eventually.
This close to what this means?
Sort of my understanding. All debts still have to be reconciled in usd unless the whole world defaults. Let’s say all debts are reconciled the dollar will collapse as well. Basically everything has to go through the dollar even the collapse of the dollar. Causing the dollar to be more expensive for a time. The world doesn’t want that they like their cheap hand me outs. “Our” “Federal reserve” doesn’t work for us but for foreign monetary interests.
A little incoherent. But that’s my basic understanding.
Between that, printing money like mad by adding zeros to Fed accounts and derivatives, When does it go Boom 💥? Or will shove their CBDC Down our throats first ?
I read the comments I don't know what this means. It's all debt not just the US debt. Off books??? That's sounds ominous.