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Transcript

Tethered to Treasuries: Bitcoin, Tether and the US Debt Machine

Parallel Systems Broadcast

In tonight’s show I lay out how Bitcoin and the stablecoin Tether are now essentially being used to backstop US debt. Creating a debt doomsday mechanism that will enable them to print, print, print…whilst simultaniously convincing the masses to throw their own wealth into cryptos. Which will then, unbeknownst to them, help the US further inflate the debt pile.

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Parallel Systems Broadcast
Parallel Systems Broadcast
Mike’s online show dedicated to discussing finance, geopolitics, investing and how best to prepare for the hard times ahead