‘What if US revalues all the gold?’: Rivigo founder warns of trillion-dollar war with China
Deepak Garg of Rivigo sees the next decade that nothing but a worldwide economic war cannot be. “The next 8-10 years will be like a war.
Garg points gold as the first respondent. But according to him, this is just the beginning. Trade and technical battles between the United States and China are inflaming what he calls “wars of capital”.
“Who will buy a US treasury?” Garg asks, the increase in American debt in the country and the issue of long-lasting bonds. He sees a surprisingly modern solution, stablecoins.
“The United States has an elegant, acceptable solution in the form of Stablecoins. Stablecoins are now the largest UST buyers who are in the rise of prince’s expunctives, they will change sovereigns as marginal buyers of uses, “he said.
This claims that explains America’s last slope to the cryptic adoption. “Crypto’s adoption stimulates StablCoins. That’s why the United States is pushing forward crypto.
Concerned about the yield of 10 and 30-year-old bonds of the United States. “High screaming,” Garg says. He warns that this can offer a crisis in the mortgage price comparable to India. But Stablecoins, if fast-scale, can offer a back booking.
“Now all this must happen quickly. The war is already ongoing, “he warned.
Garg takes the argument to a more strategic level. What will happen if the United States reveals its golden reserves, unlock the trillion dollar hall, and strategically going to Bitcoin?
He suggests that the United States can also sell some of its Bitcoin Holdings to control the BTC / gold ratio to manage the balance of financial energy with China. “The United States still has the level of 4x gold, and the next war can fight Gold on the VS Bitcoin.”
He causes the historical parallel.
His final provocation.