ryan on Nostr: How are we, the United States, going to recover from this? We aren’t likely to ...

How are we, the United States, going to recover from this? We aren’t likely to recover in any meaningful way, but then I’m no expert. There’s 50+ years of making the money printer go brrrr. Much of that happened within the last 4 years. We’ve been able to get away with it so long because of the USD world reserve currency status, but eventually the chickens come home to roost. We’re getting rather close to having our #debt payments to service this debt cost more than what we take in via taxes. #Hyperinflation then takes hold and we’re in serious trouble. #Bitcoin prevents this from happening in the first place.