US plotting dollar ‘rug pull’ with crypto, gold and lies

By Bhim Bhurtel – Asia Times

The US faces a “buyer’s crunch,” a crisis of confidence as major creditors like China, Japan and others divest from US Treasury securities, once considered the gold standard of safety, and pivot to gold to shield their reserves from a potential dollar collapse. This shift is not merely a precaution, but a direct response to the erosion of trust in the dollar’s stability.

The fewer buyers of Treasuries, the higher the yields the US must offer to sustain its debt-ridden system, creating a vicious cycle that deepens the crisis. With debt servicing costs spiralling and traditional economic measures failing, Washington is turning to unorthodox tactics to preserve its financial dominance.