Crypto probably the Greatest Threat to our EconomyMarket Cap of Crypto about $2 Trillion now as I understand.
Every Country Printing Money like there's no Tomorrow. But how each country managed the extra Money Supply is very different.
China Locked it away in NEW Assets (infastructure) and built Entire New Cities, 40,000km High Speed Rail, Power Plants and Dams...etc. Basically, INCREASED SUPPLY.
What did we do??? We printed money....but we didn't increase supply. Only thing significant "new" "built" is crypto.
Imagine Crypto Crashing and $2 Trillion in capital exiting and going into other parts of the economy over night........
Inflation coming like you never experience before! and with it, our economic competitiveness Globally. All we will have left is our continued Propoganda and our continued Gun Boat "international agreements" at gun point to save our a$$.
We will blame China/Communism for all our troubles, and everyone will belive it, but the TRUTH will be, we did it to ourselves.
All just my opinion/view/thinking.