disruptvestor on Nostr: From 2013 to 2023, the annual U.S. budget in increased by 82% and the share of ...
From 2013 to 2023, the annual U.S. budget in increased by 82% and the share of interest payments in the annual budget also grew from 6.4% to to 10.5%!
U.S. government deficit spending along with debt monetization through currency debasement is hollowing-out the purchasing power of U.S. dollars and all the world currencies that are pegged to it.
How is this sustainable?
Published at
2024-09-03 07:29:44Event JSON
{
"id": "6039393127fe905e7349ce1ea3b23b7d154a820993614874bf77e94fdeabb350",
"pubkey": "7c57152d101bf763e576ba030e080de06c51dae3d8fac0df14d13cbcd564ed4e",
"created_at": 1725348584,
"kind": 1,
"tags": [],
"content": "From 2013 to 2023, the annual U.S. budget in increased by 82% and the share of interest payments in the annual budget also grew from 6.4% to to 10.5%! \n\nU.S. government deficit spending along with debt monetization through currency debasement is hollowing-out the purchasing power of U.S. dollars and all the world currencies that are pegged to it.\n\nHow is this sustainable?\n\nhttps://m.primal.net/KbqO.png ",
"sig": "ff38d734251d6716d61bc737e7a63a27d72ce0dc78e9672d8e6750530f47e179c2239ee1ed7e461e3b7da65d24f33c38f7a5d9a4f96a420a64378f06541a5404"
}