Hello.
The US government now pays over $3 billion of interest on its debt per day.
Have a great Thursday.
Discussion
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Saw this on Twitter hours ago 😉
I’m not trying to convince you (or anyone) to quit Twitter.
Do what you want. 🍻
That’s a lotta Big Macs
I wish were the government who paid, the citizens are the ones paying the government debts.
Classic debt slavery.
#bubbleconomics 101 🫧
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All gas all brakes 
If a big economy like the US is going to default on their debts, who is taking the loss AND survives???
#asknostr
Uufdah
$10/day/citizen
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Great Day to you as well sir 🔥
I will have a great day because Im in #bitcoin
#bitcoin wins 🔥
That is wild 🤯
I’d be better off holding my wealth in tennis balls than U.S dollars. The path for Bitcoin is inevitable
will be per hour very soon
lol. nostr:npub1cj94enk44kn5mvrcma4sp7jnlsgnn4em7rk3dh3jt4fzyqs3m02s560efa just keeping it real around here
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nostr:note1wm8rtwkte3myjkfndya7m8x5nqf0j3xxgtkpauh0xlzpf2m5jk5ssk2sn4
From Brave AI
Characteristics of Fiscal Dominance
Fiscal dominance refers to a situation where a country’s fiscal policies, particularly its debt and deficit levels, become so significant that they override the effectiveness of monetary policy in controlling inflation. In other words, when a government’s debt exceeds a certain threshold, it can no longer rely solely on monetary policy (interest rates and money supply) to manage inflation, as the central bank’s actions become less potent.
Damnit James my day was goin…at hell, who we kiddin…thanks for the reminder. 😆
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Probably nothing. 🤣🤡
$100,000 per minute.
With more printed money
More than military expenses… 😯
Bitcoin is really cheap