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They’ve always had to do this to pay off the debt. At 80k an oz they can reset the debt. This is happening because China etc no longer want to buy fed bonds. So time for the hair cut, the pain, and hopefully the healing.
I can’t think of another option. Which doesn’t mean there isn’t one. I know they wanted some insanely complicated tether coin to spread the debt to every country in the world etc but there’s always been so many critical success factors that require the previous one to work to keep the timeline going.
As control of narrative breaks, just like with the Tower of Babel, every brick of nonsense takes exponentially more energy.
Not gold. Not silver. Not reality.
Not sure if it’s gone hyperbolic yet. The grabblers always have tricks up their sleeve but I think they want this to happen now to break free from China and pay off the debt in gold priced in hyper inflated dollars.
This is why for years and years my question to everyone’s bragging of their crypto gains is always the same. “In dollars”? Fiat currency is not tethered to reality. So to tether a new crypto to the dollar which is tethered to nothing, in a time when public trust has crashed and productivity has been exported, it was never a winnable or even possible outcome in my opinion.
I can’t think of another option. Which doesn’t mean there isn’t one. I know they wanted some insanely complicated tether coin to spread the debt to every country in the world etc but there’s always been so many critical success factors that require the previous one to work to keep the timeline going.
As control of narrative breaks, just like with the Tower of Babel, every brick of nonsense takes exponentially more energy.
Not gold. Not silver. Not reality.
Not sure if it’s gone hyperbolic yet. The grabblers always have tricks up their sleeve but I think they want this to happen now to break free from China and pay off the debt in gold priced in hyper inflated dollars.
This is why for years and years my question to everyone’s bragging of their crypto gains is always the same. “In dollars”? Fiat currency is not tethered to reality. So to tether a new crypto to the dollar which is tethered to nothing, in a time when public trust has crashed and productivity has been exported, it was never a winnable or even possible outcome in my opinion.
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This is why the United States is in the mess it’s in. Pretty obvious that margarine, the moon landing, and “trans rights” didn’t work out the way you planned.
Don’t keep lying to cover your lies it only gets worse. Lies hyperinflate the currency of the one thing that makes us better than the animals. Our words.
And don’t just complain about a lie. Live, speak, and take satisfaction in the solution.
Don’t keep lying to cover your lies it only gets worse. Lies hyperinflate the currency of the one thing that makes us better than the animals. Our words.
And don’t just complain about a lie. Live, speak, and take satisfaction in the solution.
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