reply on: if the US moved to a hard money standard, would the world follow? \ stacker news ~AskSN

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53 sats \ 1 reply \ @denlillaapan 2 May \ on: if the US moved to a hard money standard, would the world follow? AskSN

...with a delay, kicking and screaming -- yes.

0 sats \ 0 replies \ @Solomonsatoshi 2 May

Without fiat USD seigniorage and rent the USD and USA would collapse very swiftly. As an economist you must know this. It about to collapse anyway- needs to refinance USD$8Trillion by Christmas- good luck with that- nobodys buying USTs anymore!