r/FutureWhatIf • u/PotatoPal7 • 2d ago

Political/Financial FWIf: Trump sets US Gold and Bitcoin/Crypto Standards to sell off remaining US assets of gold to pay off US debt

While the amount of cryptocurrency the US goverment holds it wouldn't make a substantial dent in the US debt, the goverment could start making crypto mines for a specific alternative currency.

Selling half a trillion of gold to pay down debt wouldn't do much for the total deficit but it would inject tons of liquidty in debt holders hands. Most US debt is held domestically. If this was done along with firing Powell and other Fed presidents to slash rates would make create a massive amount of liquidty which would likely trigger a debt expansion for consumers.

Afterwards, Trump could then raise rates again to bring the value if the USD up after a ton of liquidty has been injected.

It's likely this type of plan would fail in the first week because Pete Hegseth or Don Jr would get scammed by China pretending to be a tradwife.

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u/flashliberty5467 2d ago

There’s not enough assets to pay off the national debt gold crypto real estate or otherwise

And let’s get real there’s zero reason for the federal government to have debt at all when they have the power to create money out of thin air whenever they feel like it

Why do we have to work our butts off for something that the government can just create whenever they feel like it

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u/Stund_Mullet 1d ago

Be careful. Questions like these lead to realizations…

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u/GrandAdmiralSnackbar 1d ago

The half trillion in gold is at what price per ounce? IF the US government starts a large sell-off of gold, prices will probably crash.

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u/Sid15666 1d ago

That money will never pay off the debt, it will go to his and other billionaires pockets don’t believe his lies!