NEW: 🇺🇸 US Federal Government interest payments officially exceed $1 TRILLION 😱 https://image.nostr.build/b6a3de2c0ffb29752e231c0259f4ec213a7cce8be5814ef001033086e978824a.jpg


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So we Bitcoiners can afford one year interest only repayments.

I'm in, where do I sign up?


Good


Zimbabwe...


Fiscal dominance is when fiscal policy (govt) overwhelms anything monetary poli y (central banking) can do.

Next steps are monetization of debt or severe austerity with a 10-25x increase in bank reserve requirements

https://research.stlouisfed.org/publications/review/2023/06/02/fiscal-dominance-and-the-return-of-zero-interest-bank-reserve-requirements

nostr:nevent1qqsxt86t87kjn4tsklvxqn7uqzkch2sn9r98nxuavnjp9yprazq637spz4mhxue69uhhyetvv9ujumn0wd68ytnzvuhsygr9jmgqrhy7uzhfhy5s0hysq4rzpxz2ygfcn2y73mx5vcyyfc09a5psgqqqqqqsvuzp4z


gradually and then suddenly


That's almost a vertical line. Wonder what it means? Probably nothing.


Who's FRED?


Time to punish the plebs for getting us into this mess.


Time to exit stage left.


Almost looks deliberate 🤔Hmmmm...


Gold is going to go to the moon!


1tz = 1tz
USD is going into the gutter (along with other fiats)


nostr:note1vk05k0ad982hpd7cvp8acq9d3w4px2x20xde6e8yz2gz86yp4raqcu4eqr

https://m.primal.net/HeAy.png


Hahahaha, the impending debt death spiral is going to be fucking awesome.


Easy solution: just print the principle and pay it all back. Problem solved.


So many memes to come 🤠🤙


Now weimar have I seen that graph before? 🤔