US Debt Hits $39.7 Trillion: Bitcoin and Gold Debasement Trade Faces FOMC Test - Tech Times

US Debt Hits $39.7 Trillion: Bitcoin and Gold Debasement Trade Faces FOMC Test - Tech Times

Source: Tech Times

DW NOTE

The US ran a $1.8 trillion deficit last year while claiming inflation is under control. Core PPI at 3.65% says production costs are rising faster than the Fed's target — someone's absorbing that, and it isn't the Treasury. Gold's 23.5% retreat from January doesn't mean the debasement trade is over; it means it paused while everyone waited to see if Powell would blink first.

Read the full story at Tech Times →