– The video discusses a strategy to save the US dollar, building on previous discussions about the Trump Global reset and tariffs.
– The historical context highlights how outsourcing to China benefited US coastal elites while harming the Rust Belt and middle America.
– China historically recycled its trade surplus in US dollars back into US government bonds, helping to finance the US government and maintain lower interest rates.
– The 2008 financial crisis prompted China to reduce its holdings of US treasuries, leading to a significant reduction in foreign demand for US debt.
– The Federal Reserve’s quantitative easing resulted in massive money printing, which was inflationary and diminished the purchasing power of the US dollar.
– A proposed plan suggests offloading US debt onto poorer populations globally through stablecoins, as articulated by Paul Ryan.
– Tether (USDT) is positioned as a significant player in the US treasury market, holding more US debt than many countries, thus becoming a new buyer of US debt.
– Tether’s business model allows it to profit from issuing USDT backed by US treasuries, generating substantial interest income without sharing it with USDT holders.
– The potential establishment of a US Sovereign Wealth Fund may indicate a shift towards a strategic reserve for Bitcoin, amid a push for US dollar dominance.
– The ongoing competition between the US dollar and Bitcoin suggests that while the dollar may seek to maintain dominance, Bitcoin’s value is expected to rise significantly, challenging the dollar’s position in the long term.
youtu.be/43NM51dw6cQ?si…
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