What currencies are you holding in anticipation of Trump defaulting on the national debt
they literally print the money, how could they default?
>>62098300It'll be like the Nixon shock, they'll just announce that existing bonds will not longer pay out but that they can be exchanged for some new security like a blockchain contract with a higher coupon payments.
>>62098125Digital Reserve Currency (DRC). Created by the financial genius, Maxim Nurov.
he's not gonna get a chance...he blew his last load fucking up iran and hell be on a very tight leash if not outright ousted after the midterms
>>62098125Gold and silver, most of the value being formerly issued coins from European countries. Everyone has a debt problem, I've yet to see currency that made me want to buy it. >>62098300This is a default in real terms and the bond market knows it. It'll happen but it will be like drinking salt water for thirst and immediately they'll have emerging market problems on top of shit loads of entitlements they cannot afford. I hate how oblivious Americans are to what's coming as if it hasn't happened many times over.
>>62098841OK but I actually think there is some nonzero chance AI is what it's cracked up to be and saves a declining empire. And >>62098300 is right, see MMT
>>62098125BTC, as you can see it is pumping for a reason.
>>62098125Got some iraq Dinar and vietcong dong
>>62098125Bitcoin and gold
Horses, I'm investing in horses.
>>62098125If you think the other currencies will fare better than the dollar you are retarded. Cleanest dirty fiat shirt.
>>62099040Dinar yesDont care for the dong I will not lie to you but I hope that it works out for you
>>62098125PAXGXAUTXAGX
Aren't they already trying to do something like that with the genius act?
>>62098125How do you profit/save yourself from something like this?
>>62098326>>62098313The Genius Act is on its way. The Fed will let roll off debt that stablecoin issuers will buy.
How will property taxes work once the dollar is worthless. Will local governments even have the ability to collect? When we are global Zimbabwe I want Zimbabwe laws too
>>62098841Damn
And to all you nerds itt who thinks there’s some grand scheme for muh stablecoins you are retarded. In the same way hippies think recycling will save the planet you and your techno-feudalist overlords think muh AI and muh technology will save us. At least the shiny rock boomers are thinking practically to an extent. Everything is breaking and no one can fix it, but life goes on
>>62098125bitcoin
>>62098125>holding scrip that they printmmmm good goy
>>62098125LUNCWhen the US finally defaults USTC will repeg and I'll be a millionaire
>>62098125I think I’ll just hold USD, everything else is a scam to take my USD.
>>62098125>muh debtJust shut the fuck up retard.
>>62100825What a nuanced perspective! Thanks for the insight
Thoughts on holding Ukrainian hyrgvia?Hedging on Ukraine coming out on top, you can buy a lot for not nuch, and if it returned to 2014 value that's a ~30% return. If UAH collapses, then you didnt really lose much.
>>62098125Bitcoin and Litecoin
>>62098313nixon only pumped the fed's interest rate, he didn't scam title holders. If trump tried that, he would be delivering the global economy to china on a silver platter
>>62100071China will quantum computer your shitcoins into total oblivion.