3 ms·

The current admin has the explicit goal to devalue the dollar (see mar-a-lago accord). I don’t think the goal is to back it

• downrightmike 1mo ago
  I was thinking they were trying to crash every currency, with the dollar only coming out barely on top because of oil
  • Dylan16807 1mo ago
    Crash every currency relative to what? Is that like saying "okay gold is 10x as expensive and nothing else changes"?
    • downrightmike 1mo ago
      Hyper inflation. everything costs more. That or a debt jubilee are the only options out of this mess
      • Dylan16807 1mo ago
        But what's the goal? And as long as it's one big crash, at the end things stop inflating and all prices are higher and all wages are higher and everything is pretty much back to normal.