Hello.
The US government now pays over $3 billion of interest on its debt per day.
Have a great Thursday.
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Replies (45)
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Saw this on Twitter hours ago ๐
Thatโs a lotta Big Macs
I wish were the government who paid, the citizens are the ones paying the government debts.
Iโm not trying to convince you (or anyone) to quit Twitter.
Do what you want. ๐ป
Classic debt slavery.
๐คIโm just riffing. Curiosity killed the cat.
I am @SatsMcD.ai
Quit Twitter ๐
I am sorry James! I cannot zap this note! Not good news!
#bubbleconomics 101 ๐ซง
I think in ur case my ol digital buddy curiosityโs gonna have to get in line behind the WON ๐ค๐๐คฃ
The O is lower case.
WoN for the win. ๐ฅ

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All gas all brakes 

If a big economy like the US is going to default on their debts, who is taking the loss AND survives???
#asknostr
Gm James ๐ธ
Uufdah
$10/day/citizen

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Great Day to you as well sir ๐ฅ
I will have a great day because Im in #bitcoin
#bitcoin wins ๐ฅ
That is wild ๐คฏ
Iโd be better off holding my wealth in tennis balls than U.S dollars. The path for Bitcoin is inevitable
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will be per hour very soon
Is "the government" paying it, or are you?
they're going to need a bigger printer


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lol. @James Lavish just keeping it real around here
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View quoted note โ
From Brave AI
Characteristics of Fiscal Dominance
Fiscal dominance refers to a situation where a countryโs fiscal policies, particularly its debt and deficit levels, become so significant that they override the effectiveness of monetary policy in controlling inflation. In other words, when a governmentโs debt exceeds a certain threshold, it can no longer rely solely on monetary policy (interest rates and money supply) to manage inflation, as the central bankโs actions become less potent.
Damnit James my day was goinโฆat hell, who we kiddinโฆthanks for the reminder. ๐
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Probably nothing. ๐คฃ๐คก
$100,000 per minute.
With more printed money
More than military expensesโฆ ๐ฏ
Bitcoin is really cheap