(2/2) Curious to hear Thomas Woods, Ed Dowd, Ron Paul, G. Edward Griffin, Peter Schiff, Andy Schectman, Paul Craig Roberts, Catherine Austin Fitts, James Rickards and other experts chime in on this, hopefully with a more positive outcome than what I'm imagining so far. The good news is that Elon's tech background could be very valuable here, and if we end up with a DECENTRALIZED digital currency (not run by the state, but stateless) backed in part by gold, then this "reset" could actually lead to a lot of abundance. Bitcoin has demonstrated a lot of the positive attributes of decentralization, divisibility, non-counterfeiting, etc., and the LODE project (LODE.one, and no I don't hold any but I interviewed the founder) has already figured out a solution to digitally tokenize physical assets like grams of gold and silver. HUGELY important decisions lay ahead, but I am certain the dollar debt is going to be abandoned or reset in a profound way before very long. Personally, I'm buying gold and holding BTC and Monero also. The key achievement that must be named here is eliminating the ability of the federal government to counterfeit currency. The Federal Reserve, a criminal cabal of international banksters, will resist this with everything they've got, because the power to print currency is the power to destroy.
I've been considering what's going to happen when Elon Musk, Vivek and Ron Paul dig deeply into U.S. government finances, obligations and debt, and I've come to the conclusion that the only way out from the current financial horror show being dumped on Trump is to DEFAULT on U.S. debt and obligations, then reset the system with a whole new monetary base. Now, if you're going to default on the debt, you must have a scapegoat. Someone outside the swamp has to take the blame. And it has to be based on an event so large that no one blames Trump for the default. So that narrows the list of possible events quite a lot: "Russian" cyber attack on the banking system, nuclear war exchange of warheads with Russia or China, power grid collapse blamed on Iran or North Korea, domestic civil war or secession run by the Democrats, EMP attack that takes out the power grid, faked alien invasion with motherships in the night sky, etc. Then Trump and team will be ready to roll out the "solution" to the problem, with a whole new currency, almost certainly digital in nature, and possibly backed in part by gold. And just like that, America could find itself in a CBDC that's endorsed by conservatives and Trump supporters. Then again, continuing on the current path of currency printing and debt Ponzi math is a certain path to financial suicide. (1/2)