drgo on Nostr: While we all feel like dollars will go to zero over the long term, we don’t often ...

While we all feel like dollars will go to zero over the long term, we don’t often think about how scarce dollars actually are.

While it is true USD must go to zero to avoid US default, the value of dollars can go wildly up in the short term…

Why? Rehypothecation…there are far more debts denominated in dollars than there are dollars.