Lmao
It’s probably worth noting all of excess in US government spending that needs to be cut, will create a dangerous feedback loop and likely deflationary spiral because all of those excess jobs are also spending, buying homes, eating out, traveling, spending on marketing etc. When they stop/slow down - and then require social assistance - debt as a % of gdp screams higher.
Ie - That expansion of government and regulation is a direct consequence of manipulated markets trying to stop the natural deflation in free markets but also an integral part of them - robbing more jobs from the free market, and misallocating capital everywhere.
In other words, it’s going to be messy!
The debt needs to come down first and that means money printing and much higher inflation.
Or as nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a memes so effectively “Nothing stops this train”
In either event - #Bitcoin is your lifeboat.
Sounds like we’ve crossed the debt event horizon …
Technology reduces prices….core thesis …. 🧡
Thank you cypherpunks for your service!
Billion dollar loss at 77k a coin, danke schoen!
nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe need wisdom from you, please nostr something , ty.
nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe more wisdom please.
More like ETFs can’t issue convertible debt but close enough
And unlike 2020 with FTX , retail purchases will not be suppressed
What other option is there…diamond👏🏻