“If foreigners no longer want them for trade, central bank reserves, private wealth funds, and the official currency of about a dozen countries, all those dollars have nowhere to go but back to us in a flood like our country has never seen. This flood will compete for goods and services in the US against the dollars already here as decades of accumulated trade deficits come flooding back all at once.
At that point, hyperinflation will not be hyperbole.”
https://dailycaller.com/2023/03/30/opinion-the-ukraine-war-could-be-the-final-nail-in-the-dollars-coffin-ej-antoni-peter-st-onge/
Derek
npub1g6…4hu7v
2023-04-06 20:14:00
Author Public Key
npub1g6ghj36a9y9d6p4vz4rq6z8rwrqxm6evllnlhkt26e55h9y0q6psv4hu7vPublished at
2023-04-06 20:14:00Event JSON
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"pubkey": "469179475d290add06ac15460d08e370c06deb2cffe7fbd96ad6694b948f0683",
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"kind": 1,
"tags": [],
"content": "“If foreigners no longer want them for trade, central bank reserves, private wealth funds, and the official currency of about a dozen countries, all those dollars have nowhere to go but back to us in a flood like our country has never seen. This flood will compete for goods and services in the US against the dollars already here as decades of accumulated trade deficits come flooding back all at once.\n\nAt that point, hyperinflation will not be hyperbole.”\n\nhttps://dailycaller.com/2023/03/30/opinion-the-ukraine-war-could-be-the-final-nail-in-the-dollars-coffin-ej-antoni-peter-st-onge/",
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}