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rivers
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2024-11-16 19:26:21

rivers on Nostr: Imagine the Trump administration forcing the EU to peg € to $ on 1:1 basis and ...

Imagine the Trump administration forcing the EU to peg € to $ on 1:1 basis and effectively dismantling ECB and taking control over the old continent money if EU doesn’t i.e. contribute min. 5% of their GDP on defence budget.

The US then inflates the $ to reduce their national debt at the cost of Europe.

Would that be doable? Or am I missing something?
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