Fucking ridiculous. Both those things are diametrically opposed to one another. You don't get both 😆 🤣
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
Discussion
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.