More US dollars are coming. The only question is “how will they be distributed?”
US law forbids deficit from financing social security, but money can be borrowed to pay for Medicare/Medicaid. So some of that new money will go in to health care. Some will probably go in to war industry.
The feds could purchase assets as a means of distributing more dollars…buying a bunch of gold or bitcoin seems the most unlikely to me though…the powers that be don’t have much of either.
drgo / Dr. Bitcoin, MD
npub1fa…nthnd
2024-08-01 13:35:00
Author Public Key
npub1fa8c9prxnrlkdtjl48adfsxyaduz8tas075l2n4f6903y9awjmxqanthndPublished at
2024-08-01 13:35:00Event JSON
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