FED of Minneapolis’ paper on “Unique Implementation of Permanent

Primary Deficits?”

Calls #bitcoin “useless paper”, but it’s only there to trigger readers at worst and referencing all money in general, at best

Once you get past it you’ll see this paper isn’t too far from the study by the #ECB thst indicates #bitcoin is a black hole in their #fiat-debt system, sucking in the value from their make-believe economic system

https://www.minneapolisfed.org/research/working-papers/unique-implementation-of-permanent-primary-deficits

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Discussion

As nostr:npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l says, bitcoin is the absorber of liquidity.