Is the US government rug pulling everyone?

https://x.com/DeFiTracer/status/1970144181281775863

So at least according to one twitter user, the interest rate reduction might have a far sillier person that i initially assumed.

I thought that with the obvious problem being a weakening of the currency actually will cause inflation to RISE and not fall, as imports become more expensive. Rate decreases mean less returns on dollar investments which will inevitably mean people leaving the dollar to do other investments…

like crypto. Which is why some in the crypto space wanted this silliness, i thought that this was part of Trump’s plan to eliminate the national debt (in what i call “monetary magic theory”) but at least according to one crypto user this might have been basically a government organised rug pull. Which basically means head-fake to the investors that crypto prices would rise (as US dollar investments might rotate into crypto, albeit at the expense of the value of the dollar) and then use US BTC reserves acquired earlier to dunk on those new investors.

This of course is like when i initially wrote the first monetary magic theory, all fine and good but what if other governments decide to buy the cheaper BTC? A quick buck from the US perspective has none of the financial wizardry that i expected and instead just is a quick gimmick to make a tiny portion of funds.

We are still not sure how much bitcoin they actually sold, but if this is genuinely what they have done, they are a little bit stupid.

Due to factors i have already discussed the dollar is weakening due to bad fiscal policy, less tourism (due to bad domestic policy) which means less dollar demand, tariffs which cause less dollar demand, and now interest rate lowering (which causes less dollar demand). If the grand culmination of these stupid policies is merely this? They are very silly.

Granted this still devalues the US dollar debt. Perhaps the US government is secretly acquiring Euros without anyone knowing i don’t know.

Also we have to question whether this is merely a bit of profit after which they will go for more. Monetary magic theory is still on the table.

The Trump family have done a few scams in the crypto world that people have heard about WLFI, Melania, Trump coin to name a few, rugging the crypto world in this kind of way is sort of genius.

In my analysis i forget that there are other crypto currencies, perhaps they did this to ethereum and a few others i don’t know, that possibly increases the revenue from this rugging, but honestly it still seems like pocket change for a government to do.

Perhaps they will do this in incremental steps, perpetually rugging the crypto world with lower and lower interest rates which the crypto world convincing themselves it is a good time to buy.

Or they could do monetary magic theory, and this is just step one.

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