Rabbit Hole Recap #231: There's a run on the bitcoin banks!
Rabbit Hole Recap
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Is the Tax Revenue Going to Be Lower Than Last Year?
The tax receipts next year are probably going to be significantly lower than they were last year. And it would be really interesting to see how this affects interest rate policy in 2023, because obviously here in 2022, with interest rates rising, stock markets crash, Bitcoin crash, crypto crash, real estate crash. So a lot of people are going to be claiming losses on their taxes for 2022.
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