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To: Pollard
I would think they’d use some kind of stable coin instead of something that might be $50k this week and $30k next week.

It depends if you view volatility as good or bad. If you bought at $30k and sold at $50K that's one hell of nice gain in a short period of time. Unless you're quite wealthy, it would be difficult to make that type of gain in stocks within a week.

Sure, the stable coins that are tagged to the dollar don't fluctuate, but you're not going to gain anything. In the 50 years since Nixon took us off the gold standard, the dollar has slowly lost its value. Biden is trying to accelerate that trend.
13 posted on 09/07/2021 12:00:09 PM PDT by neefer (Because you can't starve us out and you can't make us run.)
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To: neefer

“Sure, the stable coins that are tagged to the dollar don’t fluctuate”.

But it’s tagged to the dollar. If you wanted to make that nutty move, why not just tag your currency to the dollar and cut out the middleman?


19 posted on 09/07/2021 12:14:02 PM PDT by DesertRhino (Dogs are called man's best friend. Moslems hate dogs. Add it up....)
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To: neefer

Well they may have just lost 10% as per the article title. Being Brazil, they should create a crypto that’s pegged to the price of beef.


20 posted on 09/07/2021 12:14:11 PM PDT by Pollard (#*&% Communism)
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To: neefer

We (USA) are headed for a Regional Currency which will be dubbed the America’s (American) Dollar. That region will be imposed from Canada to Brazil. Everyone will sign on and have the same valuation in every country.

This American Dollar will replace the US Dollar (like the EURO).

Americans will be able to travel anywhere on these two continents both north and south, to work or vacation.

Essentially the replacement will be a DEFAULT, but masked by replacement one for one. Once the US Dollar is replaced all of the USA’s trade partners will get screwed by a replacement currency.

What we are seeing with Globalization is Russia and China getting their own economic zone.

We will see the Anglo’s possibly forming an economic zone spanning England, Assies, NZ.

The Nations of the pacific will form an economic zone.

India will have an economic zone of Influence.

Turkey is fighting now for control of a zone so as to not be swallowed up by Russia or the crumbling of NATO with Euro-land.

All the current moves of troops are this economic realignment happening right before our eyes.

Biden- the question is: Will he break up the USA into 5 regional zones within the USA under a UN mandate/plan or will he stand for our sovereign rights?


44 posted on 09/07/2021 3:30:26 PM PDT by Jumper
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