2min chapter

Coin Stories with Natalie Brunell cover image

Luke Gromen: Fed Dilemma & Bitcoin as a Neutral Reserve Asset

Coin Stories with Natalie Brunell

CHAPTER

The Dollars Reserve Status Is Already on the Way Out

Global central banks have nets sold an 60 billion in treasuries, and they've bought over a quarter trillion dollars worth of gold. I think the treasury's primary reserve status is already on the way out, out of necessity. Russia can't keep selling oil that goes up eight % a year a for treasury, for treasuries. And i tweede about this last week. If you think f if you think this is a good deal, that that you that t that russia takes treasuries as payment, as settlement payment for oil,. when the debt's growing 8% per year.

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