Matt Cole: The Dollar Crisis Has Already Begun, And No One is Ready

The US faces a terminal debt crisis characterized by unsustainable government spending and the inevitable debasement of the dollar. Matt Cole, CEO of Strive Asset Management and former manager of $40 billion in US Treasuries, argues that current Treasury interventions are merely stopgap measures failing to address the structural decay of the financial system. Because fiscal conservatism remains politically unviable, the dollar will continue to weaken, necessitating a shift in investment strategy. Investors should reject traditional bonds in favor of scarce assets like Bitcoin and gold to preserve wealth against long-term inflation. Furthermore, the US may eventually adopt a digital dollar or a Bitcoin-backed standard to maintain its global reserve status as traditional fiat currencies lose value. This transition signals a broader move toward an "opt-out" economy where individuals must secure their financial independence outside the failing legacy system.