@MMTGoldbug @xi_brady @VictorCleaner @LukeGromen @KYRRadio @DeepThroatIPO @mrksmns @TonyYin11897410 @Stimpyz1 @CFA_Life @imetatronink @SantiagoAuFund @cjenscook @pkenary @Barton_options @EVMacro @EstabidoG @GS_CapSF @spima18 @siddiqui71 @MarkGutman9 @JeffSnider_AIP @MacroVoices @RaoulGMI @GHBurnsCFA @MacroMorning @gamesblazer06 @StephanieKelton John, since Vietnam foreign central banks were mopping up Yr excess debt, call it $-rsrv sys but it is one way road. When € went on nline Euro Block insulated itself from excess USD printing, slowly dispersed (negotiated) their excess official $ reserves. China stepped in...
@MMTGoldbug @xi_brady @VictorCleaner @LukeGromen @KYRRadio @DeepThroatIPO @mrksmns @TonyYin11897410 @Stimpyz1 @CFA_Life @imetatronink @SantiagoAuFund @cjenscook @pkenary @Barton_options @EVMacro @EstabidoG @GS_CapSF @spima18 @siddiqui71 @MarkGutman9 @JeffSnider_AIP @MacroVoices @RaoulGMI @GHBurnsCFA @MacroMorning @gamesblazer06 @StephanieKelton ..and supported your living standard. Part of deal was to bring their cheap labour into creating real values. They gained jobs, factories, know-how,... Not a good deal for you in long term IMHO. Look at world (official) CB $ reserves. They are going slot down. One way system is..
@MMTGoldbug @xi_brady @VictorCleaner @LukeGromen @KYRRadio @DeepThroatIPO @mrksmns @TonyYin11897410 @Stimpyz1 @CFA_Life @imetatronink @SantiagoAuFund @cjenscook @pkenary @Barton_options @EVMacro @EstabidoG @GS_CapSF @spima18 @siddiqui71 @MarkGutman9 @JeffSnider_AIP @MacroVoices @RaoulGMI @GHBurnsCFA @MacroMorning @gamesblazer06 @StephanieKelton ..now running on reverse. There in none who would hold your standard high under present conditions. Your budget and trade deficits are simply unsustainable by own economy. Foreigners are putting hands off, only private entities purchase. It is no good as rates on reserve ccy...
@MMTGoldbug @xi_brady @VictorCleaner @LukeGromen @KYRRadio @DeepThroatIPO @mrksmns @TonyYin11897410 @Stimpyz1 @CFA_Life @imetatronink @SantiagoAuFund @cjenscook @pkenary @Barton_options @EVMacro @EstabidoG @GS_CapSF @spima18 @siddiqui71 @MarkGutman9 @JeffSnider_AIP @MacroVoices @RaoulGMI @GHBurnsCFA @MacroMorning @gamesblazer06 @StephanieKelton ...can not go much lower. One way road. Increase rate is deadlock. Lover them and there is no bid. Where to go for Big trading partner who would support the $ system? India? Africa?
