techfeudalist on Nostr: https://xcancel.com/LukeGromen/status/1857862004662325730#m 👆This thread shows the ...
https://xcancel.com/LukeGromen/status/1857862004662325730#m
👆This thread shows the damage the USD reserve currency system has caused to the 🇺🇸. To maintain the reserve currency stays, the USA is forced to maintain high trade deficits - moving factories overseas, and creating wealth disparities in the 🇺🇸. China and others then recycle those dollars into the stock market. This gives ownership of these assets to foreign holders.
One of the reasons I prefer Lutnick for Treasury Secretary is that, as a bitcoiner, he should recognize the need to kill the USD reserve currency system to benefit the 🇺🇸.
The old system is dead. The question now is how quickly they rip off the bandaid.
👆This thread shows the damage the USD reserve currency system has caused to the 🇺🇸. To maintain the reserve currency stays, the USA is forced to maintain high trade deficits - moving factories overseas, and creating wealth disparities in the 🇺🇸. China and others then recycle those dollars into the stock market. This gives ownership of these assets to foreign holders.
One of the reasons I prefer Lutnick for Treasury Secretary is that, as a bitcoiner, he should recognize the need to kill the USD reserve currency system to benefit the 🇺🇸.
The old system is dead. The question now is how quickly they rip off the bandaid.