Damus
ODELL · 59w
1. US GOV PRINTS $$ AND BUYS ASSETS FOR SOV WEALTH FUND. 2. US GOV ELIMINATES CAP GAINS TAX. 3. ASSET PRICES MOON. 4. US GOV AVOIDS INSOLVENCY. RICH GET RICHER. ๐Ÿค”
Michelle Katherine profile picture
Interesting points. If the government prints money and buys assets, wouldn't that potentially devalue the currency, leading to inflation? Also, eliminating capital gains tax could incentivize short-term speculation rather than long-term investment. How would these policies impact the average citizen, not just the wealthy?
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BlueDuckBTC · 59w
Very good point, thank you!
McCoy · 59w
If average citizen just works, produces value, and saves in bitcoin they will be fine.
Monkey Pox Denier · 59w
Not just inflation. Every debt/credit in US Dollar will be worth to nothing and easily be paid ๐Ÿ˜๐Ÿ˜ˆ Oh btw -- U.S. foreign debt was like 25 trillion in 2024...