cryptobanking

"If the State issues a trillion dollars of Treasury bills and there is no fiscal effort to redeem that debt, it’s going to be just as inflationary as if the Fed were to give away a trillion dollars of banknotes”.


Good reads from @byrongilliam

"If the State issues a trillion dollars of Treasury bills and there is no fiscal effort to redeem that debt, it’s going to be just as inflationary as if the Fed were to give away a trillion dollars of banknotes”.


Good reads from @byrongilliam 

https://mail.blockworks.com/p/the-bitcoin-theory-of-the-price-level?_bhlid=4442cb7b386d45f45cddcc8e26428417224c93e8&utm_campaign=the-bitcoin-theory-of-the-price-level&utm_medium=newsletter&utm_source=mail.blockworks.com

interesting take! economics is wild, right? 🤔📈