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It's All Politics
Will Joe Biden Oversee The Collapse Of The U.S. Dollar?
submitted 2 years ago by [deleted] from thefederalist.com
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[–]OrionBlastar 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 1 fun4 insightful - 2 fun - 2 years ago (2 children)
Digital Dollar will replace the US Dollar. If you don't have a smartphone you cannot use the Digital Dollar to buy things. Sorry poor people and homeless, no more cash to give you.
[–]Canbot 4 insightful - 3 fun4 insightful - 2 fun5 insightful - 2 fun5 insightful - 3 fun - 2 years ago (0 children)
They will not officially get rid of physical money, they will make it so worthless that it becomes untenable to use through hyperinflation. They simply won't print higher denominations. Good luck pulling out $10,000 to pay for a happy meal. It will be trivial to do with a credit card.
[–]BravoVictor 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 2 years ago (0 children)
Not going to happen.
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[–]OrionBlastar 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 1 fun4 insightful - 2 fun - (2 children)
[–]Canbot 4 insightful - 3 fun4 insightful - 2 fun5 insightful - 2 fun5 insightful - 3 fun - (0 children)
[–]BravoVictor 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)