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Bitcoin (CRYPTO: BTC) is increasingly seen as a national security tool, sparking a debate about how Bitcoin will integrate in times of rising sovereign debt.
U.S. Debt Crossed 100% Of GDP Post-WWII Threshold
U.S. public debt has topped 100% of GDP for the first time since 1946 when the country demobilized after World War II.
The government now spends $1.33 for every dollar collected, with debt service approaching $1 trillion annually.
Post-WWII, the U.S. inflated away debt through nominal GDP growth. Analysts argue the same playbook is inevitable now, requiring the Fed to keep rates below inflation while government …
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