Thing is, America isn't Trump's country. Not in any patriotic sense. Far as he is concerned, it is just a random McDonald's he can ransack and sell off in pieces to whoever can pay him.
SabinStargem
joined 4 months ago
I think people would aim at corporations, not their communities. In a crisis, people tend to flock together and do what they can to help each other. It is elites who panic and go out of their way to 'protect' what they perceive to be theirs.
Behind the Bastards has an episode about Elite Panic.
I am expecting Monero or some other privacy coin to become big, because people would want the discretion of dollars while still having digital flexibility. Musk is almost certainly angling to make a Muskcoin to go with an X Everything app in the Chinese fashion, so people will naturally go for something that isn't controlled by the Fascist States.
Of course, gold and foreign currencies like the Euro will see a major uptick. Again, to avoid Fascist oversight. No one knows what the right answer to this crap would be, so every decent person will just take a guess. Along with a shot, for courage.
I wouldn't be surprised if these tax hikes are imposed, then Musk/Trump issue checks with their faces that give 'free money' to everyone in an attempt to curry favor.
If that happens, I will turn that crap into Euros.
The decision to turn my dollars into Euros becomes ever more sound.
Considering that DOGE can likely withdraw money from bank accounts at will, relying on cash seems very legitimate. I don't want my life savings to just vanish because Musk felt like it. Or worse, replaced it with Muskcoin in a offer that no one can refuse.
I can see Trump and Musk ordering new denominations to one-up each other. "Crypto DOGE is worth over $9,001!" waved sharpie "Nuh-uh, Trump Bucks gets you a dozen eggs, cause I say so!"
Musk can be the $1,000,000 bill in Weimer America, suitable for buying a single omelet.
The Geronocrats and MAGATs are the foolish clown that hops into the mouth of the beast.
I think Capitalism is reaching a dead end, just as Feudalism had. We will need a completely different approach, specifically designed to bring prosperity and political agency to every person. A rebuilt constitution that isn't just about political rules, but also economic.
These times will either cause Americans to show the way forward to the globe, or be a disastrous example to avoid repeating. Either way, the American Experiment is reaching a crescendo.
Canada still has decent friends to trade and work with. Can't say the same for the Fascist States.