The thing I’ve been wondering about is, to what extent will they try quantitative easing and/or bailouts, as was the 2008 strategy. I don’t think trump will endorse QE, but I think it’s possible the establishment of the crypto reserve is so he can bail out his buddies. But instead of saying “I’m bailing out these billionaires” which wouldn’t play well with his base, he’ll say “I’m using USD reserves to diversify investments into crypto”. Which pumps whatever coin he chooses, after which all his buddies dump on the taxpayers.
The thing I’ve been wondering about is, to what extent will they try quantitative easing and/or bailouts, as was the 2008 strategy. I don’t think trump will endorse QE, but I think it’s possible the establishment of the crypto reserve is so he can bail out his buddies. But instead of saying “I’m bailing out these billionaires” which wouldn’t play well with his base, he’ll say “I’m using USD reserves to diversify investments into crypto”. Which pumps whatever coin he chooses, after which all his buddies dump on the taxpayers.