Implications of the Mar-a Accord

The Mar-a Accord proposes a fundamental change in the U.S. monetary policy, suggesting that military protection could replace interest payments on federal debt to sovereign holders of Treasury bonds. This radical shift is considered by some, including Jeff Snyder, as a necessary discussion to address the escalating U.S. national debt. However, Snyder critiques the depth of the plan and expresses skepticism about its feasibility, questioning whether it truly addresses the underlying issues affecting the dollar. This approach also raises concerns regarding the overall stability and effectiveness of the proposed monetary system shifts.