The Dark Pill on Nostr: nprofile1q…w3y43 matthew - retroedge.tech lamp They could make the US Treasury ...
nprofile1qy2hwumn8ghj7un9d3shjtnddaehgu3wwp6kyqpqmk7vq25s4wz2jtj9sjy4532fa25227j2lasxe33gpk0hh6wcmmns0w3y43 (nprofile…3y43) matthew - retroedge.tech (nprofile…tmcn) lamp (nprofile…5h6q)
They could make the US Treasury revalue gold or Bitcoin by paying out large sums for it. This has been suggested.
They would most likely do this with gold though as they have a lot of gold (although leased out at the moment).
Once revalued, they can sell gold at the new price (say $100k to $1M per ounce.)
And by selling at the new price, they could pay off the debt.
They would have to increase the price over time though and this would cause hyperinflation.
They could make the US Treasury revalue gold or Bitcoin by paying out large sums for it. This has been suggested.
They would most likely do this with gold though as they have a lot of gold (although leased out at the moment).
Once revalued, they can sell gold at the new price (say $100k to $1M per ounce.)
And by selling at the new price, they could pay off the debt.
They would have to increase the price over time though and this would cause hyperinflation.