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I really doubt the US will erase any money any time soon. The reset is prone to happen by other means.
by marcosdumay 5mo ago
I really doubt the US will erase any money any time soon.
The reset is prone to happen by other means.
- irishcoffee 5mo agoI consider myself of average intelligence, and I see this coming. Maybe I assume too much.
- marcosdumay 5mo agoEvery government has complete control on how much of their money exists. If it disappears from the private finance market, it can compensate with any amount it wishes.
- throwaway27448 5mo agoIt would be better to lean into inflation and just dump a ton of money into the bottom of the market to dilute the top. Of course this only makes sense if the government is willing to regulate market control, which it has demonstrated time and time again it will not.
- bobthepanda 5mo agoRapid inflation/devaluation is certainly a way to do it.