USTs Are Dead Fiat Walking

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3 responses to “USTs Are Dead Fiat Walking”

  1. Situation is worse than described.

    Once there is a run to redeem American Debt T-bills and more, other nations suffer FOMO Fear of Missing Out as the perceived value continues to drop.

    Breakdown of foreign holdings
    Foreign official holders (including central banks and government agencies) of U.S. federal debt: $3.85 trillion in May 2026 ticdata.treasury.gov.

    Of this, $396.2 billion is in T‑Bills.

    The rest is in U.S. Treasury bonds and notes.

    Foreign private investors hold the remaining $5.4 trillion of foreign debt Congress.gov

    All that “money” coming home quickly even if “Adsorbed” by Fed printing like crazy is hyperinflationary.

    Got gold, silver (in HAND), got trusted friends and trusted family as well as a deep larder?

    Economic chaos doesn’t guarantee the farmer-trucker-baker will have a loaf of bread (gallon of gas, etc.) even if you have gold. Anywhere in that required supply line a chaos problem can stop it up.

    As noticed by the COVID “Supply Chain Disruptions”.

    1. DWEEZIL THE WEASEL Avatar
      DWEEZIL THE WEASEL

      Word. If you cannot find food due to the panic looting of grocery stores, pre-1964 legal tender silver coins will not save you. Needful things, even if it means throwing it on the CC are what we all must buy and store now. Every time I do the monthly COSTCO run and look at all of the tatted-up housewives, grandmas, and their beta male escorts filling their carts with prepared Franken Food, my only thought is that the culling will be absolutely horrific. Bosnia X Rwanda-H/T to Matt Bracken. Plan accordingly. Bleib ubrig.

      1. Mike in Canada Avatar
        Mike in Canada

        You ain’t kidding, neither. The attrition is going to be biblical. None of these people are ready, nor are they concerned about it. They are ever-ready to bitch about white men or the latest whatever-it-is.

        I vote for the SMOD every time. Let’s just get it on and over with.

        O Lord, if this bitter cup is not to be taken from my lips, let me then drink deeply of it, that my children need not know its taste.