jcraddock on Nostr: This year, despite whatever DOGE and Trump may do, the US government will borrow an ...
This year, despite whatever DOGE and Trump may do, the US government will borrow an additional $7,000 or so for each person in the country...at a rate of at least 4%.
Think you or anyone will ever pay it off with taxes? Or the other $100k or so they owe for each person?
Those extra dollars end up in assets. Stocks, bonds, real estate - these all have limits on how much people will pay for them. Hard money, gold and bitcoin, really have no limit. They absorb the extra liquidity.
Published at
2025-03-03 02:40:52Event JSON
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"content": "This year, despite whatever DOGE and Trump may do, the US government will borrow an additional $7,000 or so for each person in the country...at a rate of at least 4%. \n\nThink you or anyone will ever pay it off with taxes? Or the other $100k or so they owe for each person?\n\nThose extra dollars end up in assets. Stocks, bonds, real estate - these all have limits on how much people will pay for them. Hard money, gold and bitcoin, really have no limit. They absorb the extra liquidity.",
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