Imagine thinking that you live in a free country meanwhile you are forced to obey orders from a group of people who somehow gets the power to tell you what’s the worth of your hard earned money.
It’s all fuckin illusion.
I see how US gov. will use stablecoins (future CBDC’s) for creating demand for its short duration T-bills all across the globe. But that’s not the main issue in the treasury market. The main issue is to create the demand for long duration T- bills.
If tether becomes the forced buyer of long duration T- bills then it is in the path of becoming the new central bank in digital space.
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Notes by Parasites_6102 | export