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   mk (mk@mastodon.satoshishop.de)'s status on Friday, 13-Sep-2024 23:50:58 JST mk

   in reply to

   @Quentel @PNS @dictatordave

   "as long as it's the anchor, it cannot go to zero."
   no. it just increases the user-pool and makes it harder to inflate, but it's gonna hyperinflate anyway.

   the usa HAS TO keep printing money to pay interest on their credit. we're in the final stage of the fiat-usd.

   "in Fiscal Year (FY) 2024, spending on interest is projected to total $870 billion, while spending on national defense will total $822 billion"
   https://www.crfb.org/blogs/do-we-spend-more-interest-defense