Bitman on Nostr: In #Bitcoin terms, almost everything keeps getting cheaper — even the massive U.S. ...
In #Bitcoin terms, almost everything keeps getting cheaper — even the massive U.S. deficit.
This year, the estimate is $2.5 trillion.
Every dollar of deficit is a dollar taken from private economic activity to fund the machinery of the state. Since 2008, the system’s solution has been negative interest rates (not allowing sustainable assets that yield more than real inflation) — so instead of nationalizing all economic activity, it simply wipes out anyone holding fiat.
Published at
2025-06-04 16:14:58 GMTEvent JSON
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"content": "In #Bitcoin terms, almost everything keeps getting cheaper — even the massive U.S. deficit.\n\nThis year, the estimate is $2.5 trillion.\n\nEvery dollar of deficit is a dollar taken from private economic activity to fund the machinery of the state. Since 2008, the system’s solution has been negative interest rates (not allowing sustainable assets that yield more than real inflation) — so instead of nationalizing all economic activity, it simply wipes out anyone holding fiat.\nhttps://blossom.primal.net/89ae776ad97297e760670a23ff9124381412ec656f78889935a17d9938429eed.jpg",
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