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30 sats \ 2 replies \ @_b_o_n_e_s_ 29 Oct 2022 \ parent \ on: Japan Unveils $200 Billion Fiscal Stimulus To Fight Inflation; Will Do More ... bitcoin

1 Trillion level for which metric?

I just read this morning that interest payments on US debt are now approaching 1 Trillion, the same as military budget. US is just one country (sure biggest economy) but what specifically about 1 Trillion?

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25 sats \ 1 reply \ @nout 29 Oct 2022

I'm looking at some form of policy adjustment resulting in 2-3 trillion "base" money print (quantitative easing, curve control, "relief package", ... something of that nature).

And frankly this "threshold" is based on what I gathered from various podcasts (Preston Pysh, Lyn Alden, etc), I'm not that smart.

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25 sats \ 0 replies \ @_b_o_n_e_s_ 29 Oct 2022

Sorry if came across rude! I'm definitely no expert on this stuff either!

I see what you’re saying now and that does make sense. I think I’ll go look for some Preston podcasts and give them a relisten

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