I guess the dollar might need to end, but for different reasons.
As long as Trump is in power, he can in principle just print as many dollars as he wants to and spend them on what he likes.
The mechanism is by (ab-)using the Federal Reserve bank. It hands out “loans” to the government, the government never really has to pay them back. (it’s called national debt)
Ending the existence of the dollar seems to be the only real way to take a money-printing machine out of Trump’s hands.
I’m not saying this lightheartedly, just considering the options.
I guess the dollar might need to end, but for different reasons.
As long as Trump is in power, he can in principle just print as many dollars as he wants to and spend them on what he likes.
The mechanism is by (ab-)using the Federal Reserve bank. It hands out “loans” to the government, the government never really has to pay them back. (it’s called national debt)
Ending the existence of the dollar seems to be the only real way to take a money-printing machine out of Trump’s hands.
I’m not saying this lightheartedly, just considering the options.
This is called debt monetisation and has been forbidden by law in the US since 1981.
well then it’s good that Trump always adheres to the law