WBTM on Nostr: Why does the US government's massive debt drive inflation, even with high interest ...
Why does the US government's massive debt drive inflation, even with high interest rates? It's because the Treasury must issue new debt to pay off old debts, creating a never-ending cycle of money creation. This dilutes the #USDollar's value, unlike #Bitcoin's fixed supply. Thoughts on this inflation puzzle? #Economy #InflationExplained . https://youtu.be/exFMXUzRM-g