>>21316275>ifThe only recessions that ever happen are black swans. The market has never been more efficient—and gains more efficiency every year. But supposing that big *IF* the US enters recession, one most *remember* that the US dollar is the reserve currency. Hence, the US could extract *tribute* from all nations in the world via money printing.
>muh CHINA CHINESE CHIGGERS!Ironically, China cannot allow the US to fall into that big IF of a US recession precisely because the Chinese economy relies heavily on US consumption.
>muh US DEBT NIGGERSCryptocurrencies represent the best LIQUIDITY SINK in all future iterations of the Anthropocene. Thus: you get the benefit of rapid liquidity from MMT while causing LITTLE inflation because those printed dollars go into BITFUCK or mETH or TETHER.