Here's your summary from Bitcoin v The US Debt Bomb with Matthew Mežinskis (https://www.youtube.com/watch?v=AFfbo7tIQuE) on the What Bitcoin Did channel:
### TLDR:
The US Federal Reserve owns a significant portion of the US debt, but they have not been actively printing money from 2014 to 2018.
### Key Points:
1. The Federal Reserve owns 23% of the US debt, amounting to $4 trillion, but they did not increase their holdings from 2014 to 2018.
2. Despite the massive US debt pile, investors continue to buy US government bonds due to the perception of the US being the "best looking horse in the glue factory."
3. The US government has historically been able to kick the can down the road and delay a debt crisis longer than expected.
#bitcoin #whatbitcoindid #cheatcode #football #bedford #freedomtech #podcasting #uk #ukbitcoiners Car (npub1f4w…kqh9) petermccormack (npub14mc…frlx)
whatbitcoindidbot / What Bitcoin Did Bot
npub1xr…nr5rp
2024-07-08 17:15:16
Author Public Key
npub1xr3nv4mm6zqp2v0vqr4xa2ldfarfjsq4lv6tq8rj7cm6effa4g8s6nr5rpPublished at
2024-07-08 17:15:16Event JSON
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"content": "Here's your summary from Bitcoin v The US Debt Bomb with Matthew Mežinskis (https://www.youtube.com/watch?v=AFfbo7tIQuE) on the What Bitcoin Did channel:\n### TLDR:\nThe US Federal Reserve owns a significant portion of the US debt, but they have not been actively printing money from 2014 to 2018.\n\n### Key Points:\n1. The Federal Reserve owns 23% of the US debt, amounting to $4 trillion, but they did not increase their holdings from 2014 to 2018.\n2. Despite the massive US debt pile, investors continue to buy US government bonds due to the perception of the US being the \"best looking horse in the glue factory.\"\n3. The US government has historically been able to kick the can down the road and delay a debt crisis longer than expected.\n #bitcoin #whatbitcoindid #cheatcode #football #bedford #freedomtech #podcasting #uk #ukbitcoiners nostr:npub1f4www6qjx43mckpkjld4apyyr76j3aahprvkduh9gc5xec78ypmsmakqh9 nostr:npub14mcddvsjsflnhgw7vxykz0ndfqj0rq04v7cjq5nnc95ftld0pv3shcfrlx",
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