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The obvious point is that anyone who wants to pay their taxes is going to be a "USD bagholder". Boomers generally don't save in USD. They save in USD denominate
by Traster 5y ago
The obvious point is that anyone who wants to pay their taxes is going to be a "USD bagholder". Boomers generally don't save in USD. They save in USD denominated assets (like bitcoin). Interest rates being lower than inflation does rebalance the economy from wealth to income, but I actually think that's something we should encourage right now.