snapo on Nostr: The US Playbook to kill its debt (My prediction): 1. Capture through high interest ...
The US Playbook to kill its debt (My prediction):
1. Capture through high interest rate as much USD as you can (Fed Funds rate 5%+)
2. Close as many exits as possible (limiting withdrawls strong)
3. When ready drop fed funds rate NEGATIVE
4. This kicks inflation to the extremes
5. let inflation rip 100-1000%/year
6. everyone is trapped in the bank while the fiat gets devalued faster than you can say "Hello World".
7. If debt is again below 60-70% raise rates
8. Hope that there are still buyers for bonds....
9. Hope you are still the world reserve
So all in all they try Israel's debt experiment in a time of instant global communication for everyone. I wish the US the best of luck... Exactly why the FED Fundsrate of 5% is a huge trap and will hurt you. If its too good to be true than YOU are the yield.
Published at
2023-03-23 17:02:23Event JSON
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"content": "The US Playbook to kill its debt (My prediction):\n\n1. Capture through high interest rate as much USD as you can (Fed Funds rate 5%+)\n2. Close as many exits as possible (limiting withdrawls strong)\n3. When ready drop fed funds rate NEGATIVE\n4. This kicks inflation to the extremes\n5. let inflation rip 100-1000%/year\n6. everyone is trapped in the bank while the fiat gets devalued faster than you can say \"Hello World\".\n7. If debt is again below 60-70% raise rates\n8. Hope that there are still buyers for bonds....\n9. Hope you are still the world reserve\n\n\nSo all in all they try Israel's debt experiment in a time of instant global communication for everyone. I wish the US the best of luck... Exactly why the FED Fundsrate of 5% is a huge trap and will hurt you. If its too good to be true than YOU are the yield.",
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