Admission from the Bank of America: DOGE is desperately needed as the alternative is catastrophic.
(twitter.com)
🚀 PRECIPICE 🚀
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ALL fiat currencies, throughout history, have failed. Many of us are actually amazed that Trump is trying to save the dollar. Without a balanced budget, there is no chance. This is going to hurt.
Hes building a parallel digital system.
If he goes digital, the Cabal will be able to control all the spending. If they want to shut your account down, they can without any trouble at all. I hope he stays away from digital and saves the dollar, puts gold or silver behind the value of the dollar-the way it used to be. We will see what happens.
Not to be a contrarian, but, blockchain in these government programs would help eliminate fraud, waste, and abuse. I don’t think the physical dollar is going anywhere, but there will be multiple stable coins pegged to the US dollar that allow the public to on ramp into the digital world. The US is behind in this digital world bc of Choke Point 2.0. And the Biden administration . Several in the crypto community have been asking for regulatory clarity. Hopefully that will come in August. Whether we like it or not, it’s coming. Plan accordingly.
Crypto (& blockchain) is fine as long as it goes back to being anonymous like how it was when it started. If they have kyc then you can be shut off which means it is not really money
You may know more about this than I could even pretend to, but I did hear how easy it is to control monetary account usage with digital currency. I hope it is well regulated and the clarity is very specific. Thanks for responding
"Plan accordingly?" Any advice?
What's going to hurt?
Having the dildo you & your family has been fucked with for the last 112 years...Removed
Gross
Found the Banker who is enjoying it.
Hopefully, only for the right people (for a change).
Only two ways out of the situation. Both painful. It has always been about what comes after :
"A crack-up boom is an economic crisis that involves a recession in the real economy and a collapse of the monetary system due to continual credit expansion and resulting in unsustainable, rapid price increases. This concept of a crack-up boom was developed by Austrian economist Ludwig von Mises "
1 . Stopping credit expansion and allowing self-correction of economic distortions.
He's not trying to save it, it's 2.3 trillion in Doge cuts but also cutting taxes by over 4 trillion.This does not reduce the deficit.Prepare for fiat collapse.