- create the conditions for the #NewDollar;
- launch the new dollar;
- reprice everything in the new dollar;
- get the 🌎 to buy this new $$
Even though it inevitably (& very MATERIALLY) weakens the ... dollar.
federalreserve.gov/publications/f…
So too with the $USD, as has been done by hundreds of governments all around the world.
Will the market buy this? ;)
Especially when the “market” doesn’t have a choice, because the “renomination” (or whatever it goes on to be called) will be lightning fast — just like the 08-09 bailouts & the 2020 bailouts.
Because da $USD, of course, is 👏 too 👏 BIG 👏 to 👏 fail
Just like with any mundane reverse stock split.
Domestically/politically, that’s an easy “solution” to sell to increasingly nationalistic voters.
Moreover, ...
“Just how much more you can now buy? Well, here’s a special site we created just for you on blackrock.com!”
Reverse 👏 stock 👏 split 👏 ...
... just for the $USD!
They know it’s Monopoly money & it’s time for new money