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bucolic_frolic

(55,478 posts)

2. All forms of wealth have their particular vulnerabilities

Reply to Celerity (Original post)

Tue Jan 27, 2026, 12:47 PM

Jan 27

Reset is bandied about. They can't let the whole thing collapse, their money flows would stop. Gold, for example, has to be priced by some metric, be it dollars or another currency. Real estate is tangible but immobile, and requires funds to pay taxes.

Japan is lowering interest rates, and the carry trade - cheap yen to buy US Treasuries (and it may be more complicated than that) - is scaling down.

Devaluing the US Dollar and revaluing it in crypto is not beyond imagination. Buy what you need, they can't steal your shoes.

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Highlight:

For the Sake of Our Money, Scott Bessent Needs to Shut Up [View all] Celerity Jan 27 OP

He looks like the Church Lady in that picture. Haggard Celine Jan 27 #1

All forms of wealth have their particular vulnerabilities bucolic_frolic Jan 27 #2

Scott Bessent needs to stay out of Canadian politics. He is up here in Alberta urging Bev54 Jan 27 #3

Trump wants to tank the dollar JCMach1 Jan 27 #4

Well he is doing a good job at it. The new agreement between EU and India Bev54 Jan 27 #6

That bespectacled Howdy Doody looking Hey Joe Jan 27 #5