I am not kidding myself that many Americans will understand this.

@swirlie Thats unclear. But it could start a run on T bills with tose nations still holding them. I they pull this off it will effectively (approximately) halve the real vaslue of the $US purchasing power. Great to help cover the massive $37 Trillion debt. But inflationary for anyone inside America who wants to buy imported goods. Of course, forget Stablecoin. Thats a farce in the hands of America. But those people holding gold and maybe silver stand to make a Motzah when the precesious metals are revalued up in $ terms. How the world reacts is going to be interesting. They might accellerate the currency transfer to a different unit. Like the Euro or Yuan and drive a stake through the heart of the US economy. Insisting they pay for what they want in some other way.😷