LFKbitcoin on Nostr: Interesting article from the St. Louis fed. Basically saying that fiscal dominance ...

Interesting article from the St. Louis fed. Basically saying that fiscal dominance (ie, inflation taxation via hyperinflation) could be here this decade if entitlements and defense spending aren’t addressed.

https://cdn.fbsbx.com/v/t59.2708-21/370181672_264172966471056_9184930706857117097_n.pdf/fiscal-dominance-and-the-return-of-zero-interest-bank-reserve-requirements-1.pdf?_nc_cat=104&ccb=1-7&_nc_sid=0cab14&_nc_ohc=Pw4_QAYBXGUAX9_TRsW&_nc_ht=cdn.fbsbx.com&oh=03_AdSlmKCN0CcyldOylJlwCkkUlEP8xE7VFUYnxh7k_6IrEA&oe=64F4F4F2&dl=1