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China Losing Trade War Leverage
- China cannot win a trade war against the U.S. because it has more to lose with less leverage.
- China's countermeasures like withholding rare earths or selling U.S. treasuries would backfire and harm their own economy.
Dollar Drop From Foreign Asset Sales
- The U.S. dollar dropped 4% recently due to foreign asset sales amid tariff worries.
- Foreigners dumping U.S. bonds drives bond prices down, raising domestic borrowing costs and risking a banking crisis.
Use Hard Money To Cut Spending
- To cut government spending effectively, we must end fiat money and back the dollar with gold or Bitcoin.
- Hard money limits Congress's ability to print unlimited money and return us to balanced budgets.