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RE: Hold On To Your Seat The Entire Economy Is About To Change - Episode 1446a

in #economy7 years ago

I do not see any reason why the Fed could not merely destroy (delete) digital US$ units located overseas as they are repatriated. It has no influence that people in the United States "feel" and shouldn't be noted by them as it returns, assuming prompt destruction.

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Dollars are actual debts. Like mortgages, you can't just not pay them when they're inconvenient.

OTOH, I agree. Burn baby burn!