[quote=barnaby33] Fundamentally when debt is paid in a fiat system, money is destroyed and the pool of available money shrinks.
Technically, people are trying to acquire dollars and they are in shorter supply (because of demand for them) they become a commodity unto themselves and respond to that scarcity.
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Josh, I really enjoyed this theory even if it did go over my head a little. I’m not even going to take a stab in the dark at the first para? When you say the dollar is becoming a commodity, do you mean cash reserves or USTs, or both?
