drgo on Nostr: Last time US debt to GDP was this high, it was WW2 and US citizens were forbidden ...

Last time US debt to GDP was this high, it was WW2 and US citizens were forbidden from owning monetary gold. The US partially inflated and partially increased GDP to make the debt go away.

Will AI be enough to improve our GDP to make debt to gdp decrease? Or will they have to inflate too? Will they ban gold again? Will they try to ban Bitcoin?

The good news is that, as of now, we have more ways to protect ourselves than generations past.