🇺🇸 Trump says inflation could pay down the $40 trillion U.S. national debt “very rapidly.”
Higher inflation can reduce the real value of existing debt as prices and nominal incomes rise
That’s the mechanism behind the idea and if inflation stays elevated, investors could increasingly look toward scarce assets like Bitcoin ₿
Higher inflation can reduce the real value of existing debt as prices and nominal incomes rise
That’s the mechanism behind the idea and if inflation stays elevated, investors could increasingly look toward scarce assets like Bitcoin ₿
