How Money Is Money? (Part 2)

A couple of weeks ago I wrote a very short post on ‘Moneyness’ – here’s a link to that one.

Since then I’ve continued to develop this idea.

Here’s the latest version:

The dotted lines are predictions that may or may not happen.

Note: I wonder if stablecoins (like Tether’s USDT and Circle’s USDC) eventually BECOME US-Treasury-backed CBDCs.

If so, then the US can distribute its entire (current) 35 trillion dollar debt to the masses.

Let’s see how this plays out!