Subnostr

De-dollarization isn't de-USD-ization, it's de-UST-ization.

Less demand to hold Treasuries -> Fed has to print to fund USG -> those who owe dollars are able to pick them up cheaply.

Take on all the fixed interest debt you can possibly serve

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There's risks to that too

That’s what we do: taking risks

This is the economic argument. The fiat maxis and cantillionaires all operate by this.

Knowing that USD, Shekels. Yuan, Euro finance genocides, and war, is it ethical to take out fiat debt?

If I use it to buy bitcoin so blackrock can’t get it?

🤝