The U.S. has now spent more on COVID-19 than on World War II. Here’s what it might mean for bitcoin.
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The U.S. has now spent more on COVID-19 than on World War II. Here’s what it might mean for bitcoin.
COVID-19 sent the money printer into overdrive. With the newly signed $1.9 trillion stimulus bill, the total spent on pandemic relief in the U.S. exceeds $6 trillion, more than WWII’s inflation-adjusted $4.1 trillion.
In this episode, NLW explores what the possible implications of this spending are for bitcoin, including:
NLW also does a quick regulatory roundup looking at:
See also: Macro 101: Bonds, the Fed and Money Printing, Feat. Delphi Digital’s Kevin Kelly
Image credit: LPETTET/iStock/Getty Images Plus
