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J. Gan.'s avatar

The US gov knows the financial path it has undertaken, is not sustainable, so something will give. Today Japan announced liquidation of 63 billion dollars of UST's and Euro bonds. This means the true number is probably closer to 150-200 billion. This on top of 7 trillion in maturing bond this year that must be paid out. If the USD does not boil over soon and collapse from the inflation, what can only come next will be tyranny, there will not be any new US dollar unless it is backed by gold or silver and cannot be manipulated by central bankster gangsters. My online store already has a banner reading this store will not ever accept any CBDC issued by any .gov central bank.

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BigGuy49's avatar

In 10 years a LOT of black markets and barter schemes can be developed and established. Thus a portion of the global population will be in a parallel economy "off the government's grid."

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