alt Hacker NewsWhich is like burning all the houses (including your own) so you can use your houses to buy other people's houses cheap.
This only works if you have superior manufacturing infra. To some extent the FAANGs export tech. But if FAANG is a tiny thing compared to say Toyota.
Replies
praptak • 04/03/2025
> To some extent the FAANGs export tech.
Speaking of FAANG - EU has been considering proper taxes on the digital economy for some time already[0]. I guess this will speed up the works on this.
[0]https://www.consilium.europa.eu/en/policies/digital-taxation...
"Pay with digital dollar, and you don't have to pay tarifs". Problem solved. Demand for digital dollar will grow, but can also be used for normal dollar transactions. Therefore the USD will devalue, and gone is the national debt.
/s/digital dollar/bitcoin or trump coins or doge coins