bitcoinlimit on Nostr: I think it's based on 4 different scenarios over the next 30 years: 1. Raise taxes by ...
I think it's based on 4 different scenarios over the next 30 years:
1. Raise taxes by 20% w/o slowing the economy
2. Cut discretionary spending by 50%
3. Real economic growth of 8-10%
4. Print money to induce sustained 8-10% inflation
The model thinks that only the option 4 is possible which creates an annual interest payment of $5T over the next 30 yrs.
It's a River research by Sam Baker.
1. Raise taxes by 20% w/o slowing the economy
2. Cut discretionary spending by 50%
3. Real economic growth of 8-10%
4. Print money to induce sustained 8-10% inflation
The model thinks that only the option 4 is possible which creates an annual interest payment of $5T over the next 30 yrs.
It's a River research by Sam Baker.