12-22-2024, 10:20 AM
(12-22-2024, 12:11 AM)username Wrote:(12-21-2024, 12:00 PM)rothschild Wrote:(12-20-2024, 11:25 PM)username Wrote:(12-20-2024, 12:41 PM)rothschild Wrote:(12-20-2024, 09:54 AM)Duchess Wrote: So trump wants to eliminate the debt ceiling yet he has promised to cut & balance the budget. Given he intends to do that why would he want to eliminate the debt ceiling?
Be interesting to see what the Federal Reserve chairman has to say about that.
I’m sure Trump is trying to figure out a way where the executive branch is in charge of the federal reserve so it’s moot if he accomplishes that.
Is hubby a FED watcher? If so, he should have some thoughts on this.
Global finance is front and center in the "great reset". My understanding is that CBDC's are being rolled out as a solution for the soon-to-happen banking collapse, which has been in the works for decades. I suppose Trump could be hammering in the final nail in the coffin of the dollar but I don't get the sense that he intends to abandon it in favor of a BRICS template.
My hubby: people have been wrong about that for decades. I’m butchering what he said but he said Trump believes in a strong dollar and blah, blah…something about BRICs not having any bond surety? IDK, he starts talking and my brain mutes at a certain point but I think I can safely say his thoughts about BRICs are pffffttttt. Lol.
You were supposed to take notes.
People have been talking about the dollar being replaced as an international reserve currency since at least 2000. Will all of Trump's horses and all of Trump's men be able to make the dollar great again? I seriously doubt it because Europe is weaker than it's ever been. The only chance I see would be to break up the China-Russia-India axis. If all or most of the mega-billionaires stand with Trump it will happen, but how likely is that? The only reason Musk is with him is because he bought himself some juicy gov't contracts.
Time will tell.