One way or another people and nations need to pay debt.
Usa uk europe debt is huge and people need to pay that with either taxes or bonds with bigger yields to bond holders.
But solution is here: the great reset it means current fiat system will be just over and finished because its impossible to pay debt back but lenders and bond holders want their money not just money but the yields too.
Default for uk or usa not option because they are world rolemodels they need to show to the world that they are responsible regulated nations if they default then richest people will lose wealth overnight and nobody dont want that because richest people will make judgement over political figures like trump or keir steimer.
Also lenders will seize all the assets too because many banks and credit financial instutions who give out mortgages dont own them and are in debt to bigger instutions in this case the solution is simple people can borrow again money the stablecoins or crypto and get mortgage again for their lost property if they deposite crypto or stablecoins as downpayment for "re-mortgage" so if you own crypto or stablecoins you can have opportunity to use this as new DOWNPAYMENT and then paying mortgage with usdt or usdc like use to be but not with high rates.
The main goal is that people will use their crypto to "re-pay their mortgages" because if you borrow money the lender will earn yields and that yield is needed passive income for lenders.
Solution is great reset so banks and world will use stablecoins debt will be reseted and yields will be lower and people can borrow stablecoins with lower rates and 30 year economic circle can start again.
This is only solution and it will be announced ofc after some crisis some nations would call crypto or stablecoins just as CBDC like europe will do it some nations will not even put the cbdc label on it and will just use it.
Off course they dont tell this now to everybody that new system will be on cryoto fully because people will buy and get rich so they will tell that when goverments and banks will do overnight great reset.
Off course nobody dont want to pay higher taxes or live in recression or in economic downturn life neither wealthy need that wealthy need that people are entertained happy eating and working so we swich fiat into stablecoins banks wich not adopting new techology of crypto they wount survive thats for sure.
Thats most painless way and softlanding little chaos but thats the only way to do it
Now id like to know did you allready knew that or you know that just by now ?
Well there is many subprime mortgage lenders who are in debt themselfes when margins goes high they are in trouble and off course people who took mortgage or even car loan from them will lose the assets.
2008 was happening and nothing changed system works still the same ways reason why it works its because subprime mortage lenders give more easy the mortgages or car loans if banks who actually owns the assets rights to do it.
By your theory:
It seems that this time to solve problems and rescue the system they woun't devalue money value and making inflation higher neither they wount let all crashing and causing huge deflation it seems this time assets will be just taken and recycled back to the usage by using new system.
Fed repo temporary tool to help markets was just short term solution until they change all system.
But...i dont see problem if they want to go over crypto all the crypto guys will be happy because they can "re-finance" again their mortages my question is what if person cant put down the downpayment to "re-finance" mortgage ? Will banks or goverment lending him stablecoins so he will settle for example 30 years to repay it back ?