Starving a nation of Dollars forces them to liquidate their forex reserves, including U.S. treasuries significantly below the face value as they face sovereign debt crises. The U.S. can buy its own debt for pennies on the $ and take it out of circulation.

Financelot@FinanceLancelotScott Bessent is choosing to fight the WW3 currency battle now because the 2020 lockdowns forced the entire world to enter the same 5 year debt cycle.Global debt is financed in Dollars.Every home, business and nation loan that was taken out in 2021-2022 now must be rolled over at significantly higher rates.This will compound the Dollar shortage at the precise moment Scott Bessent is threatening to cut off financial institutions and nations from the supply of Dollars.Starving a nation of Dollars forces them to liquidate their forex reserves, including U.S. treasuries significantly below the face value as they face sovereign...