>Vance suggests to withdraw the dollar as global reserve currency You know what? I take back everything I said about this guy.Make him the next US president.Let the American market crash and burn.Americans don't want their global predominant position and so does everyone else in the world.
>It's OUR choice the world is dumping the dollarCope
>>540840539Standards of living are worse in every measurable aspect since we got off the gold standard. The fiat dollar must die for Americans to live.
>>540840539This retard definitely wins the goodest goy award. He'll say ANYTHING to please his masters. He has no principles at all.
>>540840539So can any of you memeflag 1 post by this id kikes show me the video where he says that as the reason?
>you were born just in time to watch the end of American hegemony.Next step is Balkanization.Canada too.North America will look like Europe in a few decades.
Does he think that's possible with $40 trillion in debt and a massive trade deficit with no native manufacturing? The petro-dollar is the only reason we haven't collapsed yet.
>>540840539Uhhhhh does this mean gold is about to be worth a lot more?
Does he realize the only reason USA can have the huge deficit it has without exploding is because the dollar is world reserve currency?
>>540840539Not my heckin burritorino.
>>540840771>>540840803have you even confirmed he said all that or you trust a no name twitter account or memeflag jews?
>>540840539Americans don't understand their own exorbitant privilege.
>>540840539Reserve currency status is a huge boon to the USA's wealth and economy. What is he thinking?
>>540840832I confirmed it. And there is not much to question, every action by Trump is meant to make the dollar less desirable, because, and I quote, 'the whole world is ripping America off.'You people are economically illiterate, and have this chip on your shoulders that everything exists because of you, so if you are not getting paid, you are being ripped off.
He really wants to punish bond holdersGet ready for sky-high inflationAnd sorry goyim your retirement portfolio wont keep upReal estate and PMs will be the real winners
>>540840832Clip:https://x.com/PhilWMagness/status/2088276071862960554Source:https://www.youtube.com/watch?v=sDwSHItK6X8&t=1s
>>540840952This is sour grapes. They realize they can't convince exporters back into the dollar, so now they are gaslighting that it never mattered, and that they are better off without reserve currency status.It was America's own idiocy that made the world start looking for alternatives.
>>540840539Trump's economic adviser wrote a full paper on the problems of being a global reserve currency because you cannot manipulate your currency to increase exports like everyone else. Ergo tarriffs must be used to balance the deficit.His idea to pay off the US debt was to sell some gold reserves and buy up foreign treasury bonds and this prevents EU or Canada or Mexico from devaluation tricks also the interest payments on the bonds pay down the US debt. Doesn't work with GYNA tho
>>540840959No you didn't favela kike because if you watch the entire context here>>540840981He isn't putting the blame on us but the government spending too much and creating so much debt and that is a issue that needs to be reigned in. Holy shit you memeflag kikes and low IQ browns love pushing you disingenuous narratives
>>540841167>He isn't putting the blame on us but the government spending too much and creating so much debt and that is a issue that needs to be reigned in. Holy shit you memeflag kikes and low IQ browns love pushing you disingenuous narrativesIf you don't believe a direct quote out of Vance's mouth, then Idk what will break your spell
>>540840704His argumentation is people consume products too cheaply https://x.com/i/status/2088276071862960554
>>540840539The hyperinflation is coming, muttboys.
>>540841206I am and the important context the kike OP screen shot left out if he isn't talking about our spending but government spending. Even this kike made a commenting thinking he was attacking Vance but was agreeing with him >>540840771
Goddamn it.
>>540841216Watch the last 8 seconds memeflag kike. He isn't talking about you and me but the government borrowing too much and taking unlimited debt
>>540840539
>>540841167The first cost saving method should be to immediately cease all aid to pisrael
>>540840539This speech is from 2023 btw when he was a senator and the xwitter misinformation trannies are trying to claim he said it yesterday and wants to increase prices What he really said is since the collapse of the soviet union the US built up wall street as their official product instead of building up states to manufacture so only a few benefit
>>540840539>our debt will become junk bond status >US treasury yields will skyrocket >30-year mortgage rates will skyrocket, because the same people investing in US treasuries invest in mortgage-backed securities >housing market will fall apart >home builders/ general contractors will go bankrupt >Lowe's & Home Depot will go bankrupt >US lumber industry shits the bed>young people will literally never be able to afford a house, even if home prices tank, because mortgage rates will become outrageous >Nasdaq 100/ Mag7 stocks will drop precipitously as Yen carry trades unwind>AI build-out in the US will basically end, because corporations will have to offer insane yields on their bonds >US will become increasingly irrelevant, as it won't be able to effectively sanction other countries >China will step into power vacuum >global crises will be harder to weather, because investors won't flock to USD during crisis >costs to borrow for everything will go up, slowing GDP>etc.Wow, great idea. What a genius.
>>540841524I don't disagree but the OP and all the memeflag kikes and brown people in this thread misquoted Vance
>>540841577>he was a senator and the xwitter misinformation trannies are trying to claim he said it yesterday and wants to increase pricesDid he change his opinion about this in the meantime?
Our strategy of always folding when we don't have a full house will pay off any day now
You know what? Americans have it TOO GOOD and should be starving to death if they won't work in factories. Fuck you.>t. Vance
>>540841666I don't know, sounds like he's accurately paraphrasing, what did he twist or leave out or otherwise alter?
>>540841353>>540841167And how is that any less retarded?If you have a voracious government dumping reserve currency status won't help the situation in any way; it'll just start squeezing the population dry through more taxes, tariffs, fines and other shit to make up the losses. You need to get rid of the parasites in the state, if you cannot do it, nothing will help.
>>540841619This needs to hurry up and happen sooner
>>540842053they simply borrow, and why do you think trade being facilitated in dollars overseas means our government is getting a cut of that trade for its budget?
>>540842278It creates demand for USD and prevents uncontrollable inflation, despite printing it to meet your liabilities.
>>540842053>in the stateThe trouble is that it's not just in the state. Anyway, everyone will need to accept a severe hair-cut in order for things to progress more functionally on this continent.
>>540840539lmao I hope this retard wins in 2028
>>540840539He wants to reduce our quality of life because he's a fat, unappealing faggot married to a jeet.
>>540842278Well that's the thing - you want to take away this instrument from them assuming when you do, the entire subrace of hereditary government official parasites will just get up and be like "oh well, time to go send my resume to Walmart and Piggly Wiggly". Nah nigga they will tax you to death and when you die, sell your corpse for organs. Government spending isn't about some projects or some such, it's about creating high paying entry level bullshit jobs for children of the elite.
>>540842155That's not very smart
>>540840539Based I will vote for him too
>>540840539Multipolar world here we come
>>540842564yeah ok, good luck raising taxes, or taxing an ever shrinking production based, but again, they'll just print it and tax everyone, including themselves through inflation.
>>540840539>We're collapsing because we want to ok????Zog coping hard
