I predict we will be hearing a lot more about “Fiscal Dominance” over the next 4 years in a run up to the great dollar reset.
Fiscal dominance
Fiscal dominance refers to a situation where a country’s debt and deficit levels are so high that monetary policy becomes ineffective in controlling inflation. In this condition, fiscal policy, rather than monetary policy, dominates inflationary outcomes.
bitcoinstr / Samuel #BTC
npub1qz…5xaaq
2024-09-08 10:33:04
in reply to nevent1q…arpd
Author Public Key
npub1qzxv58exzw2qnvsc67v32etqt9crw6s33cxx830af08y33t65east5xaaqPublished at
2024-09-08 10:33:04Event JSON
{
"id": "607caea5c980d2d6b5758d0c7e62978894c90d9b5802654c907abdc3fdab066a",
"pubkey": "008cca1f26139409b218d7991565605970376a118e0c63c5fd4bce48c57aa67b",
"created_at": 1725791584,
"kind": 1,
"tags": [
[
"e",
"e3334f8b6a7210bf4d603b0d86762762d639e4c20fc5be6bb57a8fa5d492b02b",
"",
"root"
],
[
"p",
"fcf70a45cfa817eaa813b9ba8a375d713d3169f4a27f3dcac3d49112df67d37e"
]
],
"content": "I predict we will be hearing a lot more about “Fiscal Dominance” over the next 4 years in a run up to the great dollar reset.\n\nFiscal dominance\n\nFiscal dominance refers to a situation where a country’s debt and deficit levels are so high that monetary policy becomes ineffective in controlling inflation. In this condition, fiscal policy, rather than monetary policy, dominates inflationary outcomes.",
"sig": "9c73116436ecb283396015a27826edf362b0f729280789f852e4e4a8123d121cd5526b7dcb573d8bdeff9bea721e04f97d8a187cfb752dba8d526ae52bff9fe5"
}