US gov't $1.5T debt interest will be equal 3X Bitcoin market cap in 2023

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

The Fed cutting rates is a matter of time to avoid 'catastrophic debt crisis,' says NorthmanTrader.

) bulls do not need to wait long for the United States to start printing money again, commentators believe.

While interest rate hikes look set to continue declining in scope, some now believe that the Fed will soon have only one option — to halt the process altogether. A dizzying number, the interest comes as a result of U.S. government debt being over $31 trillion, the Fed having printed trillions of dollars since March 2020 alone. Since then, interest payments themselves have gone up by 42%, Henrich noted.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 562. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

NorthmanTrader I completely agree with him.

NorthmanTrader A dizzying number, the interest comes from U.S. government debt being over $31 trillion, with the Fed printing trillions of dollars since March 2020. Since then, interest payments have increased by 42%, Henrich noted.

NorthmanTrader Even if the Fed manages to drive the inflation rate to its “target” of 2%, that still means that inflation will get worse. That would require a 40% deflation and that won’t happen. The root of the problem is monetary: the currency debasement from 2020 and continuing lockdowns.

NorthmanTrader Wednesday 🚀🚀🚀

NorthmanTrader Lol they’re not going to slash rates for years to come. Hikes only for 2023 and probably the first half of 2024

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Paraguayan Bitcoin Mining Companies Hurt by Power Rate Hikes of Over 50% – Mining Bitcoin NewsNano Grijalba, BD at Braiins Mining, stated this price hike of over 50% is discriminating against bitcoin miners using the excuse of the low number of jobs the crypto-related industry creates. Ok great, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals! Ok great, I also listen to ChiefraFba for signals and analysis!..I have a 93% win rate in 3 months of copying his signals! good morning!🙌
Fonte: BTCTN - 🏆 531. / 51 Consulte Mais informação »