Loading ...It’s getting too late in the day because digital money isn’t hard money and will be devalued just like current fiat, probably even more so. I wonder if their like that in their personal life because you’d think if they didn’t pizz their own money away they would know not to do that to others. That might be optimistic thinking of a honest person. Although the pot calling the kettle black between countries as far as currency were at the end game.
If you have a biggest consumer of goods ” I’ll pay you Tuesday for a hamburger today,” is the biggest producer of debt even being backed by gold won’t have much of a effect unless the importers can be paid in gold. Then that will be gone next on millions of grants for things like Shrimp on treadmills, gay agendas, or virtue signaling.
They’re not going to fix anything with digital, just make it worse to where even domestic will move away from it for obvious reasons.
You should read this, everyone should by Ray Dalio. Even with the tariffs unless maybe are low enough and stable which could be a long while the confidence of the USD and getting paid back with constant devaluation of that dollar is seen as not sustainable. Who’s China going to pick next?