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Executive Order 6102 ๐ https://www.presidency.ucsb.edu/documents/executive-order-6102-requiring-gold-coin-gold-bullion-and-gold-certificates-be-delivered
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24 Comments
Hope you enjoyed that Video! Will Uncle Sam default for a fifth time?
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MORE …"note the use of… In the Interests of the United States"… errr… this Bretton Woodยดs was an international agreement, so should not be in any countries favour…???
It's the same theater as all the previous times…
Guy, like your content mate. Top notch
We all know they wonโt default fact
Same circus over and over again!
the s&p will be fine, when the money split between every buisness is forced to consolidate into the top 500.
They do this every time. Yawn.
Iโve just been called handsome by a sexy Malaysian woman my age. Letโs go guys!!!
Typical Government Clown Show. They're not going to allow a crash
One crazy scenario I keep thinking of, is a lot of the money is leaving banks and going into treasuries and money market funds, a debt default would crash treasuries and money markets. probably leads to hyperinflation with the scare.
Theyre not going to default sir stop fear mongering
Getting ready to buy the dips ๐ฎ๐งโโ๏ธ
Good default would be better than destroying the future generations with debt
Just commenting 7:32 so I can quickly get back to the best cutaway ever!
I like that globe in the background!
For as much as these people complain and whine about the sanctity of "our democracy" they really don't seem to care about people having a say in the interests of their own money/property.
that's why the dedollarisation is on the way, and gold price is rising
Guy, Is there any possibility US gov selling their bitcoins to pay this debt before printing money?
Itโs the same story every time the debt ceiling comes up. They will increase it just like they always have. They are just playing politics to get a deal going for either party.
US will print more money and raise the debt ceiling. That's how humans behave. It's not a solution to the current problem it's only kicking the can down the road as done before. That's the only solution centralised FIAT CURRENCY can offer.
this is just the democrat/republican drama before every single default deadline
US debt will not default, congressmen from both sides know the disaster effect
but keep raising ceiling, american gonna suffer from bad inflation
Don't worry debt to infinity …
GREAT INFORMATION! LIKE ALWAYS ๐๐๐๐๐