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Taking a page from Nixon‘s playbook and then what? Redo the 70-80 period? Is that desirable and what could possibly go wrong? Frankly while crypto and stable-c
by heisenbit 1y ago
Taking a page from Nixon‘s playbook and then what? Redo the 70-80 period? Is that desirable and what could possibly go wrong?
Frankly while crypto and stable-coins may pose great risks the direct interference attempts of the master of the executive in tax, crypto and treasury policies is a far greater one.
- aswegs8 1y agoDuring the last century, we have been handling systems that are so powerful they exceed what we could understand or control. This trend seems to accelerate. At least they (US govt) are making an effort to control this proactively.
- klabb3 1y ago> Redo the 70-80 period? Is that desirable and what could possibly go wrong? To salvage and strengthen US hegemony, it was a fantastic move. Of course things can go very wrong. Power moves only work as long as you’re powerful. And they’re only cost effective if your victims fold.