Like I've been saying, there was a reason Trump placed Powell in the Fed, where he had to play a role echoing Yellen in order to keep the job, wait a year to be reconfirmed (but not before they tried to replace him with Lael Brainard), and after promising not to hike rates did so the day after he was reconfirmed.
The Fed can't end until it's been used to reclaim the sovereign dollar. And the way to do that is to use their system against them.
Eurodollars are US dollars held in time deposit accounts outside the US. The Fed has never had any regulatory control over these dollars like it does within the US. Naturally this means it's been abused by the world, and specifically Europe to issue IOUs in these "Eurodollars." And this has also helped contribute, ironically, to the diminished buying power of the dollar, on top of everything else.
You could also think of Eurodollars as simply dollar futures.
Thanks. I've always thought that destroying the fiat / Fed Reserve Note and converting it to an asset-backed US Treasury dollar would be the solution for that, putting restrictions on the conversion to favor US-domiciled and repatriated dollars.
Would the Eurodollar situation you describe be the same as other countries where interest-bearing dollar deposits are allowed?
I'm referring to countries like Ecuador, El Salvador and Panama that use the dollar as their primary currency, in addition to the many others that allow dollar accounts like Mexico.
It would be, if you wanted to take a sledgehammer to the whole thing. The goal is to do it with as little collateral damage to the American people as possible, according to Q, so this way eases us towards that ultimate goal.
Not to my knowledge, but I myself am still navigating all the ins and outs. The Eurodollar situation has basically allowed Europe specifically to cook its books essentially, so maybe?
Like I've been saying, there was a reason Trump placed Powell in the Fed, where he had to play a role echoing Yellen in order to keep the job, wait a year to be reconfirmed (but not before they tried to replace him with Lael Brainard), and after promising not to hike rates did so the day after he was reconfirmed.
The Fed can't end until it's been used to reclaim the sovereign dollar. And the way to do that is to use their system against them.
Can you explain what you mean by that?
Eurodollars are US dollars held in time deposit accounts outside the US. The Fed has never had any regulatory control over these dollars like it does within the US. Naturally this means it's been abused by the world, and specifically Europe to issue IOUs in these "Eurodollars." And this has also helped contribute, ironically, to the diminished buying power of the dollar, on top of everything else.
You could also think of Eurodollars as simply dollar futures.
Thanks. I've always thought that destroying the fiat / Fed Reserve Note and converting it to an asset-backed US Treasury dollar would be the solution for that, putting restrictions on the conversion to favor US-domiciled and repatriated dollars.
Would the Eurodollar situation you describe be the same as other countries where interest-bearing dollar deposits are allowed?
I'm referring to countries like Ecuador, El Salvador and Panama that use the dollar as their primary currency, in addition to the many others that allow dollar accounts like Mexico.
It would be, if you wanted to take a sledgehammer to the whole thing. The goal is to do it with as little collateral damage to the American people as possible, according to Q, so this way eases us towards that ultimate goal.
Not to my knowledge, but I myself am still navigating all the ins and outs. The Eurodollar situation has basically allowed Europe specifically to cook its books essentially, so maybe?
Full text:
"Tariffs are not the story!
"Since Trump took office in Jan 2025, the 10-year yield has dropped from 4.79% to 4.17%. Look how much it’s dropped today!
"That 0.62% drop may not sound like much—until you realize the U.S. has $36.5 trillion in debt.
"This is stealth refinancing on a historic scale.
"Lower yields = trillions in interest savings. More breathing room. Less inflationary pressure. And the market is front-running it.
"Everyone’s watching tariffs. But this yield curve shift? It’s the real game.
"Trump isn’t just cutting spending— he’s restructuring America’s balance sheet in real time."
Wow good for us!
And people wanna cry about the stock market being down 12% in three months after going up 50% and 16 months.
Because normies don't realize the bond markets are orders of magnitude larger than the stock markets.
This is why Bessant said he didn’t care about the stock market short term. It’s the debt payment he’s concerned about.
Jaw drop. Big brains with ethics.
And in Germany it is rising .....
And, the old Bundestag is set to change the German Constitution in favor of the 800 billion package.
Question is if that will remain standing, but it is happening. It seems that the aim it to let the bottom under the EU to fall away ...