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[–] 25105806? 0 points 1 point (+1|-0) ago  (edited ago)

Other countries hold treasuries. If we hyper inflate that debt away then all treasury holders lose. It’s not just foreign nations. Pension plans, 401ks and many other financial tools use treasuries as their safe haven. If you break confidence in that, there will be massive losses for ALL treasury holders and US will be unable to borrow going forward. In other words, the credit card immediately gets taken away and we’re forced to pay cash for everything. Military, social security, medicare, unemployment, etc. How will the government fund these programs? Tax or eliminate the program.

How exactly does the US citizen not pay the price?

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[–] 25114050? ago  (edited ago)

The US-citizens who hold USD-savings will lose also but the world will pay the US-citizens debt trough the hyperinflation. The impact is softened trough the fact that the rest of the world pay also. If the US would be alone the price of Gold in USD would be much higher now and the debt would be much more heavy. It gives the US-citizen more time to prepare. It's time to buy Gold and Silver now. The confidence is already broken. Have a look at the Gold and Silver-chart. China is the biggest USD-holder. They lose. They know it that's why they sell already USD. What happens when the world is selling USD to the FED? Exactly the Goldprice soars. That's why the price of Gold soard from 1,000 in 2016 to 2,000 now and it's accelerating massive in this months. In 1-2 years the price will be probably 50,000 or more. Silver is even more pullish. Q says exactly the same. Gold shall destroy the FED. And by the way forget about the credit cards. After the reset there won't be any credits. It will be just sound money backed by Gold.

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[–] 25116665? ago 

Confidence is not broken yet. If you give someone the choice between a rock and USD, they will accept USD. That isn’t broken confidence.

China is not the biggest holder of US debt, the FED is. And its not USD they hold, just paper that promises they will be paid plus interest. In other worlds, US citizens have promised to pay all Treasury holders through future taxation of their labor.

Q never mentions economics. All he said was that Gold will destroy the FED. Difficult to sum up the complexity of undoing the FED, world monetary systems and credit with once sentence.

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[–] 25113486? ago 

The changes that are about to happen will be so sweeping and so impactful they can't be forecast from the interworkings of the existing global economy, as you are attempting to do.

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[–] 25113566? ago 

Really? Care to elaborate?