Governments that issue their own currencies - and particularly ones whose currency is used as the world's reserve currency like the United States - can essentially borrow without limits.
Because they’re borrowing from themselves...
As long as the federal government is able to print more money, it can always pay off its debt.
No matter how big it gets.
As long as the global reserve status of the USD remains, so will this line of thinking about debt.
And this is what crypto has the potential to disrupt.
When the tipping point comes, shit is going to get wilddddd.
Posted Using LeoFinance Beta