Turns out
@SantiagoAuFund and Whitney Webb were both right about stable coins, and how the U.S. government plans to fund its debt with them.
This also explains why the U.S. is trying to cause chaos everywhere.
If you destabilize international trade & trigger a recession, it causes a Dollar shortage in many countries throughout the world.
By creating a Dollar shortage, it forces nations to print more of their own currency liquidate their foreign reserves and U.S. bonds.
Doing so devalues their local currency, which increases demand for U.S. assets, triggering a feedback loop of a rising Dollar and demand for U.S. stable coins.
Currency arbitrage is Scott Bessent's professional background. So much so that he helped cause the UK currency crisis in 1992 "Black Wednesday" and the 1997 Asian Financial Crisis with George Soros and Stanley Druckenmiller.
In Scott Bessent's recent speech of "Economic D-Day" he specifically warned every nation that they're about to sanction any nation trading with Iran.
That halts all cross border Dollar flows into those nations, which will trigger sovereign debt crisis. The "Japan crisis" also appears to be part of the plan to suddenly cutting off liquidity from markets.
The plan really is genius... that's why it's called "The Genius Act"
The question is, how do targeted nations prevent the sudden outflow of currency into the United States without being able to block Bitcoin and other crypto currencies?