• Doomsider@lemmy.world
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    4 hours ago

    Yup, AI is going to hack our banking system “accidentally” because it is so “powerful” and all that nonsense they have been feeding us. The reality is that the US is going to be unable to borrow long term debt or even service their existing debt so they need to switch to short term debt that they can control and steal citizen’s interest through stable coin as outlined in the Genius Act.

    This is the only real way forward without having to default, so it is likely it will happen before 2028.

    • Dead_or_Alive@lemmy.world
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      3 hours ago

      I was alluding to that conspiracy theory.

      They have proven time and time again that they will do anything to screw over the middle class rather than have the rich pay their fair share in taxes. Which is what makes this theory so plausible.

      • Doomsider@lemmy.world
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        2 hours ago

        That and they have already passed the legislation and they are currently converting long term debt into short term debt. It is really more of a conspiracy than a conspiracy theory until you get to the part where AI causes a banking panick forcing people to accept stable coin. This is obviously a reach, but one that makes perfect sense.