the governments being trapped by their own balance sheets. t
CryptoPotato
Updated at: 5 hours ago
{"content":"the governments being trapped by their own balance sheets. the US is paying over a trillion dollars a year just in interest. Japan's debt is a quarter of a quadrillion yen. $BTC looks way too good for the current situation.
for a decade, they serviced this mountain of debt with near-zero interest rates. now they can't. they are forced to choose between crippling interest payments that starve public services, or cutting rates and letting inflation run wild to devalue the debt away.
there is no soft landing. there is no elegant solution. the choice isn't between a good or bad outcome. it's about who takes the loss: the bondholders or the currency holders. they will never default on the bonds. they will default on you, through the slow, steady erosion of your purchasing power. it’s the only way out.
end the worldwide zombie sleep.","images":[],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}