5min chapter

Crypto Critics' Corner cover image

The US Dollar, Inflation, and Recession (Feat. Travis Kimmel)

Crypto Critics' Corner

CHAPTER

The Dollar Is the Keystone to All Economics Right Now

The dollar and treasuries hold the position in the current economic system that gold used to historically. And so i like to look at te at the dollar as if it's this big commodity market. When you see the dollar strengthening, that is an interesting thing to look at in perspective of these stable coins. It's actually very hard to be worth a dollar if you don't just, like half a dollarr,. They haven't proven that they do. But there are rules abouthin regulated coin markets, which have to be backed by short dated Treasuries or cash equivalents. Like how we see bitcoin being valued on screen? How many claims can one person make about their own wealth

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