Wow. Just, wow.
"We can both grow the economy and control the debt. What is important is that the economy grows faster than the debt.
If we change the growth trajectory of the country, of the economy, then we will stabilize our finances and grow our way out of this." - Bessent
https://blossom.primal.net/515e3e400ea74226875545eea366a87f293bb466e390cd9f4effd6fe5a5bd974.mp4
We should have a msm station called "Retard Nation" more suitable name for the nonsense.
That seems quite unrealistic 😅
IF… 🤨
The man is lying through his teeth. He knows it, and he knows we know it. Bessent also knows that in July, there's a good chance the new treasury sale will be no-bid and the Fed will have to print money like mad. The only thing that's going to happen is that the debt will continue to spiral.
Bitcoinnnnnnnnn
Spoiler alert: ain't gonna happen
We need more blankets and less blankets!
Fucking ridiculous. Both those things are diametrically opposed to one another. You don't get both 😆 🤣
That was my knee-jerk reaction, but maybe I'm wrong. What if they sell bonds to Tether for stablecoins to stack sats?
It could work for a while.
Maybe in the short to medium term.
Agreed. The dollar ends in the long term. I think there is some chance they buy bitcoin with debt which could cause the "growth" they are searching for. Basically, they use the MicroStrategy playbook.
It will work in the short term, but it would end the dollar in the medium term.
That’s a lot of „bla bla bla“ for saying „we need to print the shit out of your a$$“ you better own hard assets you can grow with 🧡🗽
New boss, same as the old one
🖨️
If a person is doing this at a personal finance level, he’s gonna be roasted on social media as to how dumb he is. At a country level, he’s feared as the president.
It's not possible! The debt is too high. It's destined to explode 🤷♂️
