Post
Topic
Board Economics
Re: DeepSeek showed why US regime cannot win an economic war on China!
by
cryptosize
on 07/02/2025, 21:48:35 UTC
Yes I do and wonder wonder old bills decay
Who cares about cash, I'm talking about the bulk of fiat which is digital.

Only 5-10% is cash, the rest is digital.

When I said FED printed trillions of dollars, I didn't mean it literally (cutting down trees).

They print them digitally at the flick of a button.

more people get born into this world
In 3rd world maybe, but humanity is destined to decrease.

You know and I know what exactly happened in 2020-2021, especially with experimental gene therapy, don't you?

And since you -rightly- criticize the WHO/COVID agenda, you probably know what I'm talking about.

11 countries use the US$ as their national tender.
Some countries do that, but it's not very wise to use a foreign currency. El Salvador uses both (USD & BTC).

As a National currency you cannot have a non inflationary currency.
I never said BTC will replace fiat. I said CBDC will replace fiat and BTC will replace USD as a global reserve currency.

Which part you don't understand exactly?

Wanna take a bet that by 2030 BTC will be the new global reserve currency and most countries (including the US) will have switched to CBDC for domestic usage?

Americans are loving all kind of stuff exchangeable for goods. As any other human being.
I know, Americans love getting lazy and fat, all while Chinese folks are producing cheap stuff, but that's coming to an end.

Even the Roman Empire didn't last forever... who wants to admit that prosperity doesn't last forever? It's human nature (denial of the inevitable).

Its a marvel of times that the feds can print 20 billion (US) and get away with it.

https://www.federalreserve.gov/paymentsystems/final_2020_currency_print_orders.htm

All data goes to 2020.
20 billions of cash is peanuts compared to trillions of digital fiat.

20 billions wasn't not enough to sustain a single state during the COVID scamdemic, let alone the entire US economy.