Theories are great .. till we hit a real world example .. then lets just talk specifics ..
Why does India has 50 billion (per year ) trade surplus with US ? Is it like US has nothing to offer ? Btw - just FYI .. India imposes 150 percent Tarrifs on US Auto and Whiskey .. I mean I can still live without a Ford Truck but without Jack Daniels .. give me a break :-) ..Or straight up Bourbon ...
That's by design. Our government spends too much, and it's only possible because other countries keep buying our dollars. Its only a trade deficit if you don't understand that dollars are the good we produce and you demand. If no one wanted dollars, our economy would hyperinflate because the domestic economy can't absorb that many dollars. So, on the one hand, thank you ; on the other hand, please stop. The tariff makes no difference to me - stop buying our dollars.
Okay .. I understand that .. so you want us to keep making dollars and keep adding to debt ?
Or Do you want us to stand on our feet ( manufacturing ) ?
Idk, you do you man. There's pros and cons to either.
Are you actually in India? What's the situation like between the states and the federal government? Its a federal entity, right? How autonomous are the states? Could they buy bitcoin without federal approval? Could cities? Are the cities and/or states buying gold? I know India loves gold, but I don't know if that's all the government levels or just one or just the people buying it. But most curious if they could get bitcoin.
