Any Bankfags out there? Currency reset worldwide on Dec 15th? Big if true.
(twitter.com)
🧐 Research Wanted 🤔
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What better way to create 1:1 parity between currencies so that speculation is removed and real worth is the only factor, with third world paper backed by real assets being the start.
IQD Iraqi Dinar first, think Trump mentioned something about how much of it the US owned, and Iraq definitively have real world assets.
Feel bad for countries without major real world assets though, there will be millionaires created and removed over night, it will be a bumpy ride but the down-turn will be offset by the upturns so it won't so much be a total crash as it will be lots of them combined with lots of bonanzas as well.
However some money will in the short term loose a lot of value, just as some money will massively gain value, smoothing out anything rough will be abrasive, and the world economy as DS have built it is definitively rough...