NEW: πŸ‡ΊπŸ‡Έ US Federal Government interest payments officially exceed $1 TRILLION 😱

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So we Bitcoiners can afford one year interest only repayments.

I'm in, where do I sign up?

Good

Zimbabwe...

Fiscal dominance is when fiscal policy (govt) overwhelms anything monetary poli y (central banking) can do.

Next steps are monetization of debt or severe austerity with a 10-25x increase in bank reserve requirements

https://research.stlouisfed.org/publications/review/2023/06/02/fiscal-dominance-and-the-return-of-zero-interest-bank-reserve-requirements

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gradually and then suddenly

That's almost a vertical line. Wonder what it means? Probably nothing.

Who's FRED?

Time to punish the plebs for getting us into this mess.

Time to exit stage left.

Almost looks deliberate πŸ€”Hmmmm...

Gold is going to go to the moon!

1tz = 1tz

USD is going into the gutter (along with other fiats)

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Hahahaha, the impending debt death spiral is going to be fucking awesome.

So many memes to come πŸ€ πŸ€™

Easy solution: just print the principle and pay it all back. Problem solved.

Now weimar have I seen that graph before? πŸ€”