Faith in the U.S. dollar vs. cryptocurrency

Let's Go Brandon has acknowledged the existence of cryptocurrency.  This has caused a surge in cryptocurrencies.  It doesn't mean the outcome will be friendly to the crypto world, but it does show that crypto has become a stronger footing.  Given all the money printing over the past few years, there's a growing lack of faith in the U.S. dollars. There's a growing concern about stagflation.

What I think this means is a place for parking assets in the face of a looming stock market correction, bear market or crash.  I don't think it's been initiated by Let's Go Brandon, but by interests outside of government, looking for that sort of safe haven possibility in order to not be limited to gold.  Just my two cents. 

Soros Really is trying to sink the U.S.

George Soros, billionaire, socialist, and anti-American agitprop conduit has always wanted to see the U.S. fail, and sink itself as the global superpower.  Either he's doing it deliberately or out of a complete misunderstanding of what made the country great.

China and Russia Abandon the Dollar

China and Russia are looking at avoiding the dollar.  In an interesting development the two countries announced an agreement regarding currencies used for bi-lateral trade. China Daily reports,

St. Petersburg, Russia - China and Russia have decided to renounce the US dollar and resort to using their own currencies for bilateral trade, Premier Wen Jiabao and his Russian counterpart Vladimir Putin announced late on Tuesday....

Pang Zhongying, who specializes in international politics at Renmin University of China, said the proposal is not challenging the dollar, but aimed at avoiding the risks the dollar represents.