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

Coin Stories

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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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