If the government has this big new revenue source, right, that return on Bitcoin, does it use it to pay down its debt, to be more fiscally responsible?
Three Economists, One Bitcoin Podcaster | BPI Economists / Professors Josh Hendrickson, Thomas Hogan & William Luther
Bitcoin Policy Institute Economists, Senior Fellows, and Professors Josh Hendrickson, Thomas Hogan & William Luther join Walker on THE Bitcoin Podcast to talk about Bitcoin policy in America, their journeys to discovering Bitcoin, dollar dominance, inflation, the economic state of America, our unsustainable national debt, Bitcoin Strategic Reserves, monetary policy game theory, and whether Bitcoin can save America fr
- JOSH HENDRICKSON: https://x.com/RebelEconProf
- THOMAS HOGAN: https://x.com/HoganMonEcon
- WILLIAM LUTHER: https://x.com/WilliamJLuther
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1 If the government has this big new revenue source, right, that return on Bitcoin, does it use it to pay down its debt, to be more fiscally responsible?
3 So why would we expect it to be fiscally responsible with a bigger budget, right?
4 And so we can set this entire conversation about what the expected return on Bitcoin is aside.
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Well, it's not being fiscally responsible with its current budget.
So why would we expect it to be fiscally responsible with a bigger budget, right?
And so we can set this entire conversation about what the expected return on Bitcoin is aside.
we still have to find some mechanism to get the government to be fiscally responsible.
If we don't do that, it doesn't matter what the return on these assets are.
The government's going to spend it all and then some.
So I think that's, you know, difficult nut to crack.
Show notes & resources
Bitcoin Policy Institute Economists, Senior Fellows, and Professors Josh Hendrickson, Thomas Hogan & William Luther join Walker on THE Bitcoin Podcast to talk about Bitcoin policy in America, their journeys to discovering Bitcoin, dollar dominance, inflation, the economic state of America, our unsustainable national debt, Bitcoin Strategic Reserves, monetary policy game theory, and whether Bitcoin can save America from itself.
JOSH HENDRICKSON: https://x.com/RebelEconProf
THOMAS HOGAN: https://x.com/HoganMonEcon
WILLIAM LUTHER: https://x.com/WilliamJLuther
THE Bitcoin Podcast Partners:
http://bitbox.swiss/walker --
