₿itcoin on Nostr: Hello saifedean, can you please explain to me how the US can loan money out while ...

Hello saifedean, can you please explain to me how the US can loan money out while being in debt? How would this loan be considered worthy if there is no money that backs it up?

And how can the US increase the debt of individuals without their consent? Is that allowed?

And is this explanation that I have about inflation accurate?

quoting
nevent1q…m4mf

Wait, did I just explain inflation in the most simple way ever?

#asknostr #inflation #plebs #bitcoin

nevent1q…cvl2

So hard to wrap my head around this...