Now that you mention it, when I look at who the USA electorate allowed to be installed as president, soon to be president, congress, and Senate, we can be assured that we can depend on Capitol Hill crowd exactly as you wrote: Let the individuals on Capitol Hill stand up and be counted, to do precisely the wrong thing.
People were glad to be rid of 2020 as though they've seen the worst. 2021 could make 2020 look like the good old days. Sure, covid is fading out. It was helpful to the LLL to get rid of Trump. But it was nothing in the grand scheme of things. It barely reduced CO2 output even as airlines are on hold. The death rate barely changed.
1... The correct thing for USD to do is rediscover VVV, raise interest rates fractionally, but insistently, relentlessly, inevitably, mercilessly. The screeching, threats of death, actual murders, bankruptcies, redistribution, riots and carnage will frighten The Swamp. Armed guards will be necessary as now arrayed around Capitol.
2... The incorrect thing to do is attack bitcoin with laws, spies, confiscation, threats, attacks, NSA, CIA, FBI, ABC, QWE, RTY.
They will choose 2.
USD holders will panic. All fiats will flail. Bitcoin will go to da moon. As will any other escape hatch.
Hey, wait!! I am actually holding USD right now. OMG. What a dummy. I'm the one who has predicted said carnage for decades.
Maybe they'll choose 1.
Mqurice |
