Trump administration has come up with a new trick?
The US government debt has reached 36 trillion US dollars.
Trump has made a big move, 47 states have declared independent currencies, or used cryptocurrencies to repay loans. After the news came out, the financial market immediately exploded, and the US dollar exchange rate fluctuated significantly. Investors are nervously watching the subsequent trend and re-evaluating asset allocation.
The Federal Reserve is highly concerned about this. After all, this is a great challenge to the authority of its monetary policy. How to coordinate the relationship between the states and the unified monetary policy in the future has become a thorny problem. From an international perspective, countries are also paying close attention, worrying that this will bring chaos to international trade settlements and affect economic and trade exchanges with the United States. Those cryptocurrency-related companies have seen "business opportunities" and want to take the opportunity to expand their business and seek cooperation with the states, but the regulatory risks should not be underestimated. Banks and other financial institutions in the United States are worried, fearing that the flow of funds will change drastically, affecting their own operations, and may even face an increase in bad debt risks.
People are also talking about it. On the one hand, they are curious about what changes the new currency will bring, and on the other hand, they are worried that their wealth will shrink as a result. Analysis and suggestions: Trump's move is "earth-shattering", reflecting the complex interest game and management coordination problems within the United States. This is a warning that in major decisions at the national level, it is necessary to carefully weigh the pros and cons and fully consider the impact of all aspects, otherwise it is easy to cause chaos and make the entire economic society unstable.
Musk's concept meme project#Marvin(7055) is named after Musk's pet Marvin Martian dog who has been with him for ten years. It is also the only dog around Musk that is not listed on Binance. The current market value is low and the potential is great, which is worth paying attention to!