"Remember that the federal government already has to borrow money just to pay interest on the money they’ve already borrowed. So as interest rates go up, they’ll be paying even more each year in interest payments… which means they’ll have to borrow even more money to make those payments, which means they’ll be paying even more in interest payments, which means they’ll have to borrow even more, etc. etc."
And people say Bitcoin is a ponzi scheme lol
They can always raise taxes, sell Alaska to Russia, or invade a country with oil and take it for themselves. Canada?
