The compounding effects of the promises made by an empire that has overextended itself both home and abroad are clearly becoming insurmountable.
Discussion
However hard I try, I cannot seem to find a solution to the US Gov't monetary policy and deficit other than collapse.
I think what is likely is that this collapse will come through steep inflation and then ultimately default as lenders will become increasingly scarce.
There is one other option though. Bitcoin. The Gov't could bet on hard money fixing their issues by pushing into it. Maybe it could...
What makes me think this last ditch option is off the table is that it would mean a massive sacrifice of power and control over the lives of citizens. #Freethepeople #Bitcoinislove
I think they are winding it all down. Unlimited debt ceiling till 2025, paves way for the inevitable dollar death spiral, at which time the rails will be in place for Wall Street and the banks to switch to bitcoin. No way treasuries survive. I don’t think they like it, but they realize they have no choice.
The people that keep the clogs turning are very smart people, and very smart people who spend time understanding bitcoin all come to the same conclusion. That’s what we are seeing. The politicians will have no choice but to give up their printing press