This was an interesting video (not sure who that lady is talking in the video or where it came from. Please shout them out if you know) and I never thought about it this way. Or wondered why myself. Sometimes its hard to remember to question some things when you are surrounded by so many “questionable” things… 🤔😂
But WHY does the government borrow their own money that they print? Do get extra yield? But yield from yourself isn’t yield at all right? Or its temporary to mask debt?
I guess I never put two and two together that the government borrowing and the government printing is part and parcel of the same process.
Is there a standard government-forward perspective or stance/rhetoric they use normally to explain this to the public? Or its just publicly ignored?
And if they do, is there also a “real life, ACTUAL” reason different from what they squawk?
#asknostr #askbitcoin #studybitcoin #bitcoin #eli5
(…is “explain like I’m 5” a thing here? 😂🤣😅🤷♂️)
https://m.primal.net/Psis.mov