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zook.eth
@zook.eth
the dollar wont loose all its value, for as long as the goverment and the fed exist, since its their job. however it will devalue a lot against other currencies but imo still will be above all
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zook.eth
@zook.eth
theory is: 1- monetary inflation up-velocity of money goes up - treasury spends on securities/stocks/own debt 2- price inflation up due to lack of supply 3- raise interests to lower velocity thus keeping prices low π till u cant do step 1 again, then what do u do
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zook.eth
@zook.eth
well u as the fed need more monie, winter is coming and stuff, where can u get the liquidity from? well, from the most liquid market of all, the bond/treasury market that u bought back in step 1
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