I watched a bunch of these videos on TikTok about trumps currency reevaluation plan and have seen press releases from China and Russia criticizing the US about the same thing as a way to devalue national debt.
https://www.tiktok.com/t/ZTr23XcHh/
1. If this were to happen, what would the effect be on the broader stock market/s&p/nasdaq and would stock like IAU drastically increase?
2. How likely is something like this? I can see this being sold to the public as a great way to erase national debt and then sink the economy.