• ThinkBeforeYouPost@lemmy.world
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    3 days ago

    How about the Epstein Files TACO?

    It’s unthinkable, as this would be the final nail in the coffin of USD being the world’s primary reserve currency, and with it the debt breaks the country and the ability to print money is instantly ended.

    These are not bad things, if done thoughtfully and intelligently over time. This administration is incapable of that.

    He will chicken out, but the damage is done to the faith in the US government by our allies, and in the USD.

    • Buffalox@lemmy.world
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      3 days ago

      These are not bad things, if done thoughtfully and intelligently over time.

      I don’t think you realize the wealth it has given USA to be the #1 global reserve currency by far.
      It’s a giant economic interest free injection to the entire US economy.

      I also don’t think it’s unthinkable, I think they could very well do it, because that’s how stupid they are. The USD is down 15% since Trump became President, And Trump wants it to fall even more, because he thinks it gives USA a competitive advantage. Completely disregarding it makes everybody poorer first and increases inflation.

      • dhork@lemmy.world
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        3 days ago

        And Trump wants it to fall even more, because he thinks it gives USA a competitive advantage.

        Yes, but also Trump has all his money in shitty crypto tokens and the Crypto Bros have him convinced that if the dollar tanks, $TRUMP will soar vs. the dollar.

        Our President is looking to actively tank the dollar for his own personal gain.