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It's happening.. Onward..
631,828 views โข 2 months ago โขvia X (Twitter)
31 Comments

โUS Treasury is taking over the dollar from the Fedโs.โ

Thank God. The people have taken back their financial lives through the current administrations actions. Brussels et al. can go to straight to hell.

Treasury just took the Eurodollar question. Not Europe. Offshore dollars. Same size as the onshore market. GENIUS rules on recognizing non-US issued stables = Treasury deciding whatโs a valid dollar outside the US. She said that power is coming back from the Fed. Bessent is pushing tokenization. Other agencies already issued. The Fed still hasnโt. Thatโs the door. Not a price call. Who gets to say what counts as a dollar.

Fascinating clip, worth listening

@TFL1728 if it werenโt for following you I wouldnโt understand a bit of this. Grazie!

Great as long as Bessent is around. What if some economically illiterate administration reenters the White House and another Janet Yellen gets installed in Treasury?

The world will never be the same buckle up boys and girls....

Soโฆ.the treasury is using the genius act to try to regulate the whole world. Without the clarity act everything stays with the beaureaucratic/technocratic elites with no rails of law for accountability. Tokenize and then rug pull EVERYTHING of value in the world to a cbdc. Yikes

The Fed Board is an issue

Treasury taking control as it was! She's right. MASSIVE! LFG ๐ค

I hate it when people constantly say โright?โ.

@VincentSco72192

".. it's been only that past couple of decades that it (power) was held at the Fed..." , so the change happened post-GFC under Bernanke. Hmmm

@grok could Treasuryโs action here force the Clarity Act in some way, which is being held up by Fed/banks not wanting to lose yield to consumers?

So this just means we're buying GameStop again, right??

The fed will be left behind and will have no choice rlly

POWER TO THE PEOPLE

Who is this speaking?

Blend this with that

The US Treasury will take charge of all eurodollar denominated debt globally and at its pleasure declare any debt to be a โdeferred assetโ, turning any debt into an asset with a keystone. The Babylonian magic money balance sheet show must go on.

Not sure how good this is? In Argentina, which has had multi hyperinflations in the last century, the politicians have fought hard to direct the Central Bank, to use it to print $ to increase public spending. More liberal and orthodox economists, always defended the idea that(+)

Caitlin Long... knew her from CSFB back in the day... very smart

Huge

@grok give transcript

@VincentSco72192

Stable coins ๐ $COIN $USDC $SPY

@grok where is this YouTube video

Just say it. We're removing the Fiat Petrodollar bullshit debt based enslavement system and going to asset backed Stablecoins on the Blockchain. Exactly what we've been saying for YEARS NOW. And we don't even get paid to know this.

@CaitlinLong_ ๐ฅ๐ฅ๐ฅ

@tleilax___ : Hmm. Starts off wank, then you twig she might know what she's talking about but is trying to super-simplify things for non-market people, then it suddenly gets VERY ... interesting? intriguing? Definitely worth thinking about.

Follow me. Follow my tik tok account.
