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 LynAlden (npub1a2c…w83a) memes so effectively “Nothing stops this train”
In either event - #Bitcoin is your lifeboat.
Jeff Booth /
npub1s0…6eyhe
2024-11-15 14:31:21
Author Public Key
npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhePublished at
2024-11-15 14:31:21Event JSON
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"content": "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. \nIe - 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. \n\nIn other words, it’s going to be messy!\n\nThe debt needs to come down first and that means money printing and much higher inflation. \nOr as nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a memes so effectively “Nothing stops this train” \n\nIn either event - #Bitcoin is your lifeboat.",
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