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Replying to Avatar Snapolino

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.

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captjack 🏴‍☠️✨💜 2y ago

or Print no no no MINT 100 pieces of Trillion Dollar Platinum Coin ! 50yrs spending problem solved - if that's not enough make some more when next president is elected !

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