Oddbean new post about login | logout what if btc was used as a reserve and the usd was rebalanced to equal about 1 sat (given the price of btc being 1 mil usd and thus 1 sat = 1 cent)
I'm worried that inflation won't come down, and rates will go up. Inflation could get quite bad if that happens, but it's unlikely. I think what is more likely is taxes will go up, and there will be cuts to spending, which would allow rates to come down. It would also likely cause a recession, IMO.