People think stable coins are going to be the savior of the crypto market and the USA Financial System. What a con job. Private issued stable coins backed by worthless US TREASURY Notes. Nothing but Corporate I.O.U. Notes issued and claimed to have value. WHAT A CON JOB: Debt has no value, it is a liability.
The public will buy the debt of the US Government while the private corporations create stable coins out of thin air just like the US CONGRESS, the banks when they create home loans and the Federal Reserve when they create currency for US Treasury bonds.
One giant con job and Donald J. Trump is the leader of this PONZI scheme.
Martin Armstrong says that Stable Coins are war bonds for the US to go to war with Russia/Iran/China and how many other nations with Donald Trump's trade wars and fuel embargo's engulf. He seems to not realize first we have currency wars, then trade wars, and then SHOOTING WARS.
Embracing digital air as Bill Holter calls crypto and telling the world it has value. Well air has value but stable coins are more fiat currency and are more worthless than paper bills. Seems to me they are AIR DEBT.
When the power goes down how do you get your currency to buy food?
Why is America backing the EU / UK / UKRAINE when it is obvious the EU is run buy NEOCONS DICTATORS who have not stood for election. The fool in Ukraine refuses to hold elections and hold the nation under martial law and the UK is nothing but a COMMUNIST SHITEHOLE of Liberal Democracy DICTATORS. From their idiot police to their idiot KING to their idiot Parliament and PM, idiots all of them. France with MORON MACRON, Germany with their new HITLER who thinks he can take Russia out.
Donald J. Trump is being played like a violin by the WAR PIG NEOCONS such as the idiot from S.C. Lindsay Graham. Arrest this traitor or at the very least remove the neocon war pig for his ready to kill anybody he can make a profit off of. LET HIM DENY IT. The whole damn government is nothing but a giant con to enrich wealth and the so called elected who do not give a damn about you no matter what they spew out of their lying mouths.