People seem to be in disbelief.

Your observations all sound very plausible. Fiscal dominance will likely remain the dominant outcome. However, as you noted most observers applaud their efforts and it’s great to see government attempting to take responsibility. How long the Trump / Musk partnership will last in the face of a very difficult task will be interesting to monitor. In the meantime, what is a humble investor supposed to do in the middle of all these immense forces pulling the monetary relationships apart? Will bitcoin ever be cheaper again than now? Are the shrewd waiting for another big bear to scoop up more hard money?