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Fiendish Thingy

(19,023 posts)
2. Kooky nonsense with the barest of threads to reality
Sat Nov 9, 2024, 01:29 AM
Nov 2024

I don’t doubt the crypto bros would love to do this, but even a whisper of this seriously happening would put the markets into a tailspin, and Jamie Dimon in the Oval Office hoisting Trump up by the lapels threatening him with instant impeachment- remember, if the dollar becomes worthless there will be no contributions to politicians, and the pitchforks and torches will be in the streets.

The bigger risk will be when Powell’s term ends in 2026, IMO.

Recommendations

3 members have recommended this reply (displayed in chronological order):

This may be the game plan. [View all] Qutzupalotl Nov 2024 OP
This is entirely possible... maybe even likley. lapfog_1 Nov 2024 #1
One obstacle would be removing Powell as Fed Chair. Qutzupalotl Nov 2024 #4
If Trump wants him gone, he will be gone. Irish_Dem Dec 2024 #28
Kooky nonsense with the barest of threads to reality Fiendish Thingy Nov 2024 #2
everything the nazis in germany did was legal when they did it nt msongs Nov 2024 #3
Apples to Oranges Fiendish Thingy Nov 2024 #6
There's a reason that private equity and REITs have grown so much lostnfound Nov 2024 #12
Your points are salient misanthrope Nov 2024 #8
If all currencies become valueless, so does crypto. Nt Fiendish Thingy Nov 2024 #14
I was unclear misanthrope Nov 2024 #19
if the US dollar collapses, what currency will crypto be based on - the ruble? Chinese remenbi? Euro? Fiendish Thingy Nov 2024 #20
The danger is if a cryptocurrency replaces the dollar. Qutzupalotl Nov 2024 #22
That's what I've been expecting... 2naSalit Nov 2024 #5
Lord have mercy! Dem4life1234 Nov 2024 #7
It's possible. markodochartaigh Nov 2024 #9
They only provoke budgetary crises when Dems hold the WH Fiendish Thingy Nov 2024 #15
Hmmmmm ... sounds like the makings of a good "ask" in the new year! calimary Dec 2024 #25
This time it is a crime syndicate in charge. Irish_Dem Dec 2024 #29
I'm almost speechless, Biden has to be aware of this KS Toronado Nov 2024 #10
Don't fall for this nonsense Fiendish Thingy Nov 2024 #16
Why, with cryptocurrency, of course. Qutzupalotl Nov 2024 #24
Nobody said they were smart, just utterly vile. 58Sunliner Dec 2024 #26
So where do they stand ? I'm guessing that Wiles person and Vance are on the same side JI7 Nov 2024 #11
They spent millions and Musk & Moreno are driving this Blue Full Moon Nov 2024 #13
Crypto Won't Happen Metaphorical Nov 2024 #17
This would immediately trigger the worst global depression ever Buckeyeblue Nov 2024 #18
Oh. So THIS is what Musk meant... Kid Berwyn Nov 2024 #21
Yes, it lines up with his recent public statements, Qutzupalotl Nov 2024 #23
This is so far-fetched that OrlandoDem2 Dec 2024 #27
One can hope that enough rich folks are not on board with this tech wizardry, usonian Dec 2024 #30
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