Few people understand that the US government will borrow and spend as much money as the people will allow the US government to borrow and spend.
Likewise, the US government will debase the US dollar and steal the people‘s purchasing power through inflation as long as the people allow the US government to debase the US dollar and steal the people’s purchasing power through inflation.
Absolutely amazing what has happened in Argentina. Debt free after 123 years! 🍾
Probably gonna stay humble and stack sats about it
…as long as the people allow the US government to have a strategic reserve.
A policy to cut spending would not be popular. The can will continue getting kicked down the longest road of them all
Do you think US has enough people who understand and are willing to do what it takes to stop the spending train?
For now, I’ll continue stacking stats.
I think that, thanks to Bitcoin, the people finally have a way to fight back, which we haven’t had for all of human history.
National debt is the tragedy of the commons enumerated
