3-D Chess

Trump may be a little brash, but don't underestimate Lutnick and the Economics Team.

US policy proposal calls on Treasury to issue $2 trillion in Bitcoin-enhanced bonds to offset debt, fund strategic reserve

Proposed Bitcoin bonds could offer retail-friendly investment to cut national debt without tax hikes.

3D Fiscal policy and National Debt Strategy may offer a way out no one saw coming. Either way, it will kick the can far further down the road, at least for the US which is still the cleanest shirt in the laundry hamper, fiscally. (And no, Harold. The petro-dollar and BRICS and rise of the Iraqi dinar :) are not about to end the US Dollar. It’s still around 85% of large global transactions. The Euro is a mess though, with few of the tools and advantages that the US enjoys in managing the dollar IMHO.

Wall Street is accumulating this “market crash” dip, while retail investor sentiment is almost as negative as th 2008 and the start of Covid shutdowns in 2000. You know which party consistently wins, decade after decade.

Read:

https://cryptoslate.com/us-policy-proposal-calls-on-treasury-to-issue-2-trillion-in-bitcoin-enhanced-bonds-to-offset-debt-fund-strategic-reserve/

Bonus!

Listen to the Lutnick interview. This is no team of bumbling fools. They may well win big with this muti-pronged approach to balancing fair trade and the long term budget viability. Did you know many EU countries still have 100% Tariffs on imports of many US items, including cars? This was a concession from all the way back to the Marshall plan to rebuild after WWII.

How long do you think this allowance should have continued? To the 1985? It’s STILL IN PLACE!!

Listen to the whole thing