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2026-06-06 15:13:56 UTC
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cmad on Nostr: Revaluing gold is a book entry. An accounting gimmick. It creates zero additional ...

Revaluing gold is a book entry. An accounting gimmick. It creates zero additional liquidity unless they actually SELL the gold.

Ergo, they would have to fund the bitcoin purchases with even more debt. Possible. But highly unlikely, as it would signal to the world that even the US has given up on its own system. 💵 🔥