LowIQTrash » 28 Jan 2025, 8:56 pm » wrote: ↑
I’m not particularly interested in whether cutting spending is a “good” or “bad” thing. What really piqued my interest is the fact there wasn’t much talk about this subject in a long time, which made me very suspicious
…so the Tiny Hats must be up to something since it is being made front and center again.
If the US government continues to run large deficits, it will force the Fed to lower rates since they cannot afford to pay that much interest every year - which will affect the USD as reserve currency (although there are scenarios where every country is running on low interest rates, so the USD would still remain stable since all currencies are relative - in which case you would likely see a huge run in precious metals like gold and silver.)
Right now, the Tiny Hats are doing the opposite - weaponizing the USD vs other currencies (contrary to what you may believe, the USD is quite strong right now and was quite strong under Biden).
The dollar was in excellent standing against the brazilian currency last summer. As my stay progressed, the exchange rates became even more favorable.
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