Fun

Interest payments on US debt going parabolic

jondoe - 2024-10-21 21:12:57

This is why bitcoin is needed


The amount of money being paid as interest has gone parabolic.


Check this out:



(Source: https://x.com/BitcoinNewsCom/status/1848324542961221758/photo/1)


Wait until next year when all the bonds sold this year receive payments.


This is exactly why bitcoin is going to go up.


They either print more money to pay debt or they cut interest rates to decrease their payment load.