I see your point but it's also kind of funny because USD is intrinsically designed to be bet against. Velocity and debt go hand in hand it seems.
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I see your point but it's also kind of funny because USD is intrinsically designed to be bet against. Velocity and debt go hand in hand it seems.
Yes, its a trap :)
Many people have done it, including Buffet, and failed badly. For Buffet the hit was about $4 Billion for BRK-A. The point is, to get the debt thesis to go successfully against it two things are needed:
An infinitely deep pocket, larger that FED. Nobody has it.
Other people, likely central banks from other countries need to join your side of the bet. This is impossible as their largest assets are in USD (China, Russia, etc...among the enemy nations)