💯 

 Yes because rates were high under Biden 

 Markets are pricing in lower fed funds rates and an increase in global liquidity. Which yes will result in more inflation. 

Bitcoin also seems to be pricing in a favorable administration in the White House as well as adoption by large pools of capital. 

 The national debt is up to $36T. It is impossible to pay back. Only way forward is to keep printing and inflate the debt down to a manageable level. This is true regardless of who is in the Whitehouse.  

 You better pay it back that $36T is someone’s asset! 

 The government will but only with inflated dollars is my point  

 Thus crushing the purchasing power of those holding those bonds 

 You mean they won't pay it back.

It is entirely possible.

Use a balanced budget minus 1T, use a bit of new money printer, and it's paid back in 20-22 years. 

 There was going to be more inflation no matter what.  

 Yes and no.
What happens when some other big nation inflates its currency, and the citizens and companies realize they can only trust the trustless? 
BTC will pump regardless of US inflation. 

 I would assume. Trump increased the national debt by 8.4T during his first term.  

 Actually, not that it matters, lol, but depending on how you score the end of 2020 into beginning of 2021, it was "only" 5.4T to maybe 6.5T during his term. 

 Not necessarily. Rates reflex perception of risk. Also Trump talked about tariffs so we could expect some sort of retaliation in that scenario. 

 Inflation is guaranteed as long as money printer goes brrr  

 https://www.myrmikan.com/pub/Myrmikan_Research_2024_11_14.pdf . Hard to squeeze blood out of a turnip. Right, left, red or blue— print print print has no (fiat) choice to equal true. 

 Yes. With more global respect for bitcoin being a hedge…🧡🚀 

 "All roads lead to inflation." PTJ