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2024-09-03 07:29:44

disruptvestor on Nostr: From 2013 to 2023, the annual U.S. budget in increased by 82% and the share of ...

From 2013 to 2023, the annual U.S. budget in increased by 82% and the share of interest payments in the annual budget also grew from 6.4% to to 10.5%!

U.S. government deficit spending along with debt monetization through currency debasement is hollowing-out the purchasing power of U.S. dollars and all the world currencies that are pegged to it.

How is this sustainable?

Author Public Key
npub103t32tgsr0mk8etkhgpsuzqdupk9rkhrmravphc56y7te4tya48qhqsqff