https://preview.redd.it/6yu2veyskwgd1.png?width=824&format=png&auto=webp&s=99a3078718172c61b37b4c51bb61a2e5d05cca1d
"Currently $96.3 trillion in debt is supported by only $8.0 trillion in actual dollars, a ratio of 12:1 debt-to-dollars."
In other words, it is inevitable that the Fed/US government will have to print a massive amount of new dollars in order to pay dollar-denominated debt liabilities.
This is extremely bullish for #Bitcoin, the only asset with a fixed supply limit.
Source: https://www.federalreserve.gov/releases/z1/
submitted by /u/suuperfli [comments]
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