BitcoinStu on Nostr: The US has no choice but to print massively in 2025. So yes, the print is coming this ...
The US has no choice but to print massively in 2025. So yes, the print is coming this year there is no doubt. There are only 3 possible paths in theory:
1. default
2. cut social security and military spending
3. print
Defaulting on the debt is not going to happen because it would immediately remove US treasuries as the principal capital asset globally. No one in a position of control in congress or the treasury or the federal reserve would be willing to preside over a US default on treasuries.
It's politically impossible to cut social security and military spending. Political suicide for anyone who even brought it up as a possibility.
So that leaves us with option 3, debase the currency. It's effectively a default, but it's a slow motion default, which is much more palatable politically and it buys more time for those in power.
So yeah... the print is coming. There might be a giant crash first, or another "pandemic", or someone might set off a Nuke in the Middle East or Eastern Europe... they like to create a massive problem before they turn on the money printer. But one way or another, yes it's coming in 2025.
1. default
2. cut social security and military spending
3. print
Defaulting on the debt is not going to happen because it would immediately remove US treasuries as the principal capital asset globally. No one in a position of control in congress or the treasury or the federal reserve would be willing to preside over a US default on treasuries.
It's politically impossible to cut social security and military spending. Political suicide for anyone who even brought it up as a possibility.
So that leaves us with option 3, debase the currency. It's effectively a default, but it's a slow motion default, which is much more palatable politically and it buys more time for those in power.
So yeah... the print is coming. There might be a giant crash first, or another "pandemic", or someone might set off a Nuke in the Middle East or Eastern Europe... they like to create a massive problem before they turn on the money printer. But one way or another, yes it's coming in 2025.