Imagine bagholding fiat or bonds right now
>>62749356The ultimate jawboning. We don’t even need to pay maturities, they’re Chinese anyway.
No shit they want to nuke the value of the USD to pay off the debt. The ultimate boomer move to fuck everyone over one last time.
Please god, I would become so rich.
>>62749356Imagine bag holding $TRUMP.
>>62749383You'll become rich just like Zimbabweans became rich, in nominal terms only
>>62749356Every day he gets more retarded
>>62749421This has clearly been the endgame ever since the 2008 printing began. He’s just the first one to say it out loud because the music is finally stopping and Bessents intervention failed
>>62749428sure, but the endgame could have been delayed for decades and managed in a way that doesn't cause financial apocalypse
>>62749434>managed in a way that doesn't cause financial apocalypseHow? The longer it's delayed, the worse the outcome will be. I'm surprised they even delayed it this long
>>62749383>HamburgProbably the sadest takeover of German trade hotspots by communists ever
>>62749356Nothing wrong with holding short term treasuries while waiting for the 10 year yield to spike to 15% again
I have come to terms with the fact I am functionally a midwit.I could have 'outsmarted' the market when bitcoin was cheap, but not now. Everything happening is something I can't plan for, I'm bagholding a bunch of AI shit which is both 96% of my folio and 1/5 of my networth. The best time to make it was 2017, then 2021, then the 2024 period before he got re-elected and before he did trumocoin. It's owari now.
>>62749428This. It is a solution, but it won't be pretty if you're not a rich fag or have assets that could benefit from it
>>62749502You’re gambling all your money on the assumption that the government wont just mint a bunch of trillion dollar coins over night to inflate away their debt, while the leader of that country is literally telling you to your face that that is the most likely solution to their debt problem. Pure retardation
>>62749356Wouldnt that lead to hyperinflation?
>>62749522Why do you think almost all assets have been going parabolic and nobody wants to touch bonds with a 10 foot pole? That is exactly what everyone is positioned for
If you don't believe economic organization creates any efficiency then you have nothing to worry about! You can keep buying videogames using gold who cares.
>>62749526Bond market yields are already fucking such a plan up though
>>62749539What are you talking about? Yields are going parabolic because nobody's bidding, except the occasional government buyback, or pension funds which are forced forced buyers through regulation. Would you buy Zimbabwean bonds if they offered 20% yields on 10Y bonds, if you knew that inflation would far exceed that?
>>62749545Even the slightest suggestion of “inflating away the debt” seems to push bond yields higher then. But higher yields increase the gov interest expense, which in turn makes the debt even harder to inflate away.Looks like a feedback loop
>>62749553It’s an inflationary feedback loop, yes. That is how hyperinflation happens
>>62749553Yea, people don't call him an orange retard for no good reason.
bond holders rn
Yep, trump wants low interest rates for this reason, push all the wealth up to the .001% how else can the beast system be implimented if people cannot depend on the government/corperations for survival, when hyperinflation hits property taxes go parabolic as well and boom the government owns everything, see the plan playing out, Q anon is operation trust of the bulshivic revolution 2.0, all the retards clapping as the Q drops are following the plan to turn them into slaves, next 2 years will start the holodormer 2.0 as all the farmers have to sell out or get forclosed on by the diesel prices and fixed commodities prices fuck over farmers but no problem bill gates owns all the farmland and water rights so we get price gouging poisened goyslop
>>62749356https://www.youtube.com/watch?v=T-3Iq3XQkAw
>>62749356The dollar will get stronger confirmed
>>62749440Fiscal discipline is really not that hard, many countries have done it successfully
>>62749798There are no short term solutions and neither political party has any interest in presenting something that will bring short term pain with the prospect of long term fiscal stability. It isn't a new problem but they both have decided they want to destroy eachother now. Imagine trying to implement anything with a timeline longer than your term knowing how much the other party will do anything to make your ideas look terrible. Why bother then?
>>62749804And yet, most developed countries found a way to get there. I'm sure the US can too
>>62749856all western countries have been kicking the can
>>62749356imagine still listening to this retard, you need to check the charts and you will realize that all currencies are going down vs USD except chinese yuan
>>62749376I want AOC to brap in my mouth so bad, financially speaking
>>62749856They found a way to get there by never getting themselves into that position in the first place. Getting out of the position is the problem. You dont seem to understand that fiat currencies are a very recent experiment which began only about 50 years ago
>>62749896>you will drown a little bit faster than meYeah that’s a consolation, retard
>>62749356>orange man bad
>>62749920Bro got the Klaus Nomi cut coming in nice
>>62749356My fiat bags are heavy. What should I be holding atm?
>>62749512That doesn't work.
>>62749856LolIs this bait?
>>62749404worse, one could hold DJT.
>>62749421He was always retarded and you refused to pay attention because you buried yourself under 7 layers of irony
How do I profit from this?Take out an ass load of loans and buy assets for the great debt inflantioning?
>>62750085In theory that would be the way to go. But when things kick off, banks will likely invoke force majeure to temporarily freeze debt payments. And then when things begin to stabilize with a new currency, they'll simply readjust your loans. You don't get to win against the people who dictate the rules
>>62749356I literally spat out coffee laughingTOP KEK
>>62750202Is there any terms or clauses about the readjustment of loans you are referring to? Because I was contemplating getting a jew mortgage for this purpose to lock in 30 years of payments in a currency on deaths door, but I was curious of the terms in the mortgage you sign whether it mentions the possibility of payment in currency other than USD
>>62750233It probably varies a lot between banks, but governments (who listen to the banks) would just use emergency powers to implement the rules across the board to keep banks solvent. Normal procedure goes out the fucking window every time governments have reason to grant themselves emergency powers
>>62750239yeah, rules and laws are made up bullshitjust like money itself
>>62749409There are two ways to get rich, first is to make more wealth relative to everyone else, the second is to not lose your wealth as everyone else becomes destitute and poor. PMs holders get rich the second way and can buy assets at the bottom to achieve the first.
>>62749512Somebody explain the whole "mint the coin-shit for me like im retarded
>>62750233It’s not smart to play against someone who can change the rules when they start losing
