2007 US govt debt was $9T
Today its $38T
In 20 years it'll be ~$140-180T
This is by merely extending a stable, non-partisan exponential trend that has held since the 70s.
Are you hedging this or will you just watch living standards collapse & blame whatever scapegoat politicians throw at you?
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Replies (11)
There is no hedge. Only real wealth. Bitcoin.
Just imagine all the taxes they'll be raking in in 20 years
I remember the debt being 18 trillion when I first heard about Bitcoin and thought, I don't know if this Bitcoin thing is going to work, but I better get some because this National Debt shit is not getting fixed.
The no-coiners don’t even push back on those numbers. They just… won’t act accordingly?
My plan is to vote harder
Do they believe investing in the S&P will be sufficient?
They don’t understand that S&P “growth” is just money printing
That's a lot of 0's.
Funny, I liked that reply. Literally LOL! 😂
Yep, interesting how realising how crazy Fiat system is push people to find / build alternatives. Beauty of our times when technology is that much accessible!
Imaging doing same thing in 30s when US was confiscating gold!
Well I’m in BTC a lot. Still current system will not explode as long as USD is global national reserve. The real question is if that will end and if so when? Probably there is no one person on earth that really knows the answer.
In the meantime US will export its inflation and smile on global prices risking faster then US ones do!