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10 sats \ 3 replies \ @bitcoin_rationalist 28 Jan \ on: How long will US outperformance continue? Personal_Finance
It’s synthetic- the US floods the market with cash and that cash ultimately ends up in securities. It’s a ponzi that will end eventually.
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10 sats \ 2 replies \ @BitcoinIsTheFuture OP 28 Jan
Thanks for sharing! Great point, I never looked at it from that angle of the ponzi! When is eventually coming though? What will cause it?
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0 sats \ 1 reply \ @bitcoin_rationalist 28 Jan
IMO the interest on the debt (used to flood the system with cash) will become too great and lead to hyperinflation, then it collapses. This could take 10 years...or 100 years.
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10 sats \ 0 replies \ @BitcoinIsTheFuture OP 28 Jan
I know the timing gets tricky as they always seem to kick the can.
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