Why is a US Default Crazier Than Trillion Dollar Coins?

1 year ago
43

Ask virtually anyone and they will tell you that it's crazy to even consider not raising the debt ceiling and the US defaulting on it's debt. Yet many of those same people will argue that minting trillion dollar coins to continue the US spending binge is somehow not equally insane. The current path we're on is financially unhinged and will obviously end in disaster. So if we're faced with nothing but crazy options, it's time to consider default as a real possibility. After living through just a little inflation in 2022, most people may soon realize that the alternative could be far worse.

Support the Channel on Patreon: https://www.patreon.com/NobodySpecialFinance
Join My Discord for More Discussion, Q&A, and News: https://discord.gg/njvf3DPPrF

Affiliate Links:

Use this link to get $10 in free Bitcoin with Swan: https://www.swanbitcoin.com/NobodySpecial/

The Ledger Nano X: My favorite Hardware Wallet for Cold Storage of Crypto Assets: https://shop.ledger.com/?r=23974ce6def9

Recomended reading (Amazon Affiliate links):
Rich Dad Poor Dad by Robert Kiyosaki: https://amzn.to/3rJvA7Y

Follow me on Twitter: https://twitter.com/JG_Nuke
Follow me on Gettr: https://gettr.com/user/nobody_special_
Follow me on Gab: https://gab.com/NobodySpecialFinance
Follow me on Reddit: https://www.reddit.com/user/JG-NUKE

#MintTheCoin #Default #Debtceiling

Loading 2 comments...