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In reply to the discussion: US court blocks Trump's 'Liberation Day' tariffs [View all]CNYHarris
(62 posts)Trade deals from the threat of tariffs are the endgame.
Trump can't have trade deal victories without the threat of tariffs, so Trump automatically loses without the ability to have these trade wars involving tariffs. Trump is going to have to go to congress if this holds, and Trump's bitcoin plan to have dollar backed or replaced by bitcoin would be in trouble too.
You see bitcoin is hyperdeflationary. You can't print more, there is a fixed supply of 21 million to produce fake scarcity of a worthless product. That fake scarcity is what makes you feel like you are missing out on a limited asset and to jump on the bandwagon. Dollars are invented with debt, loans, etc. Take out a loan, new money is invented. Pay back the loan, money is destroyed. bitcoin is limited. Meaning if bitcoin is the US currency, the US has to run trade surpluses with nations or else the entire US supply of bitcoin slowly drains out of the US and the US is left with no money, as you can't print it, it is fixed to 21 million. So before going to bitcoin, Trump is waging economic trade wars with nations so the US can go to bitcoin once nations have trade parity with the US.
Trump is not destroying the economy for ego or anti-free trade sentiment. It is more than that. It is the big tech billionare bitcoin agenda.
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