Michael McNair has described a mechanism by which the US Treasury can legally and without congressional approval weaken the dollar by buying foreign currency using gold derivatives and gold as collateral, which Groman characterizes as a form of surreptitious Treasury-level currency intervention.
causalpending
Speaker
Luke GromanEvidence Quote
“What Michael Maner described and you can find it on X uh appears to my eyes to be a way for Treasury to legally and without congressional approval surreptitiously weaken the dollar without the Fed's help by buying foreign currency using gold derivatives and gold as collateral.”
Source
Why is high debt different now v. prior instances of people “fear-mongering” about the debt?— Luke Gromen - FFTT, LLCCreated: 8/11/2026, 7:46:30 AM
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