What if they're not stupid...>Step 1: Weaken the physical dollar abroad through Tariffs, Trade wars. Create so much friction that countries stop using the dollar in trade. They move to local currencies, gold, other systems. The dollar index drops 12.6 percent in one year. Steepest decline in thirty years. BRICS accelerates away from dollar reserves.>That part looks like incompetence but if there is one thing Scott Bessent is not, it's incompetent. >Step 2: Ban the government from making a digital dollar. Trump issued an Executive order in January 2025. No federal agency is allowed to build one, so the public option...the competition to a private one, is dead.>Step 3: Pass the GENIUS Act. The law that creates a legal framework for private companies to issue digital dollars instead. And here is the key, the law requires every stablecoin issuer to hold reserves in short-term US Treasury bills. Lutnick and Bo Hines wrote the GENIUS Act to benefit Tether. ...but something much more malicious and sinister? Why else would they do so much harm to our economy and our financial hegemony?
More:>That means every digital dollar that gets minted automatically creates one dollar of mandatory demand for government debt. Unlike normal investors, stablecoin issuers are price-inelastic, they buy Treasuries regardless of yield because the law says they have to. Brookings projects $2.3 trillion in captive Treasury demand by 2030.>So you push the physical dollar out and countries stop buying Treasuries. Then you pull it back in through private digital dollars that are legally required to buy Treasuries instead.>Different dollar with the same control. Except now it is not a public system, it is a private one, and the private company at the center of it takes a cut on every dollar that moves. The private company is also incorporated in the BVI's so no regulator has jurisdiction.>That company is Tether. $183 billion in dollars running through it, $13 billion in profit last year. It has never passed an audit. Co-founded by Jeffrey Epstein's crypto advisor. Reserves custodied by the Lutnick's family firm. Protected by a law that was championed from inside the White House by a man who quit one month after it passed and became the company's CEO.>Scott Bessent said that stablecoin firms could buy up to $1 trillion in government debt. The European Central Bank warned this "effectively outsources parts of the national debt to the crypto sector.">So in turn, our dollar gets weaker, our groceries cost more, our 401k buys less, and every time that happens, demand for the private digital dollar goes up. They get richer and we absorb the cost.https://x.com/leahfiles/status/2097076552798261320?s=20https://xcancel.com/leahfiles/status/2097076552798261320
I can practically hear the two rubbing sheckles copulating
>>542196513If they don't want dollars, why would they want Digital Dollar tokens??
>>542196915If you want to really go full noticer, than remember we are at war with one of the biggest state users of stablecoins.>Group co-leader Behzad Mesri and members Keyvan Fayyaz Ghareh Blagh and Arman Kahzadian each had bitcoin, and other crypto addresses added to the Treasury’s sanctioned list. The three belong to a larger MOIS contingent that has pursued U.S. targets through data theft and intrusions against corporations and government offices.>Bloomberg first reported in May that Iran had started a bitcoin-backed insurance service for Iranian shipping companies.>The U.S. in July said that it had frozen crypto linked to the Iranian regime, mostly in the form of the Tether stablecoin. >Stablecoins like Tether’s USDT can be frozen by the company that issues the asset but bitcoin, being decentralized and having no single issuer, cannot. The latest big push is to "freeze" and target their cryptocurrency.... https://bitcoinmagazine.com/news/us-sanctions-iran-crypto-economy
>>542196513That's the dumbest fucking plan ever but I know they want to pay off the national debt with crypto. As the dollar weakens abroad, everybody ditches it and transitions to other alternatives, primarily China's Yuan. This weakens U.S. position worldwide and plays perfectly into the isolationist strategy that's currently unfolding.Tether is the absolute worst of all stablecoins. They create the supply out of thin air. They've had massive issues and redflags from the start. A comprehensive audit would reveal that. Gold, guns, ammo, make sure you have plenty when the shit really hits the fan.
>>542196513The American economy is already fucked. Imagine being so retarded that you think a country with no manufacturing is a global power. China could bring us ro our knees by embargoing us in a dozen different goods amd we'd have zero retaliation.
>>542196513Bump.
Lets see how smug elon is after a usa army boot to the ribcage.Buy 300 billion dollars of bonds and the pain will all go away elon
>>542197502> guns, ammoThey took away my guns when I got a schizophrenia diagnosis after months of gangstalking by jews
>>542196513>The Destruction of the American economy is the PlanYou're just figuring this out now?
>global confidence in the traditional dollar system erodes, giving the impression of a declining us influence>users buy stablecoins (USD)???
>>542196513it really is just all pedos running things
>>542196513jews
>TetherINSTANT RED FLAG
>>542197057Technically it has "nothing" to do directly with the US Treasury (except all of the people at commerce, treasury, tether, etc. eat brunch, together). Mostly this is siphoning actual capital away from the American public/domsatic tax payers and into private accounts. Like, quite literally. Tether is in a mad dash to buy up as much gold as possible and stick it in a vault in Switzerland.https://www.coindesk.com/business/2026/01/28/tether-is-buying-up-to-usd1-billion-of-gold-per-month-and-storing-it-in-a-james-bond-bunkerForeigners investors are either avoiding taxes at exchanges, using it to hide bribes/influence (Tether was "funding" the ballroom and other Trump projects), or being misled about "the what" they're actually signing up for.
