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#425: Fiat Crisis with Balaji Srinivasan

TFTC: A Bitcoin Podcast

CHAPTER

The Debt Ceiling Debate: A Different Perspective

The debt ceiling issue itself is just one of like 30 things um you know at least at the time of this pod uh there's like some procedural vote the actual deal hasn't gone through who knows what'll happen. They're about to issue something like six months worth of treasuries to try to refill the treasury general account and try to basically make up for lost time. The last time that happened where there is a kind of last minute debt ceiling and then they issued a bunch ofTreasury in 2019 it caused this whole reverse repo crisis.

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