👁️⃤.sats / Hobo.sats on Nostr: we rightfully rail against the Fed. but as LynAlden often points out, this period of ...
we rightfully rail against the Fed. but as LynAlden (npub1a2c…w83a) often points out, this period of money printing is fiscal rather than fed-driven.
would we put the same energy into resisting a direct debt monetization, as existed in 1863, when the greenback was backed by nothing but 'in God we trust'?
cause it looks to me like that's a direction djt could be moving towards; a direct monetization of t-bills on XRP & SOL (esp in light of Barron's recent tweet re the Fed, which I mostly agree with).
would we put the same energy into resisting a direct debt monetization, as existed in 1863, when the greenback was backed by nothing but 'in God we trust'?
cause it looks to me like that's a direction djt could be moving towards; a direct monetization of t-bills on XRP & SOL (esp in light of Barron's recent tweet re the Fed, which I mostly agree with).