Comments by "k98killer" (@k98killer) on "US Debt Crisis: 2025 Deficit is Worse than 2024" video.

  1. Monetary debasement is the inevitable conclusion.
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  2. Supposedly, new banking regulations will allow banks to hold TSYs as reserves without requiring they put them in the HTM bucket or reserve any capital against them because the Fed now has an emergency lending program to lend to member banks against TSYs at par during liquidity crises. However, so far the only similar regulations are about stable coin issuance, which might be the route they take. I think this will be an inevitable development sometime this year or next, because the only way to extend and pretend is with monetary debasement.
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  3. @blackballoon4u  nothing Trump does to "ensure fair trade" is going to reduce the federal debt. DOGE has so far saved $140 billion; if it can keep up this pace for the rest of the year, it will save about $700 billion, but this is a highly questionable projection. Moreover, DOGE savings are supposed to make the government more efficient -- actually cutting the budget requires Congress. The Republicans in Congress passed a spending bill that had substantially no cuts, which will result in a $2T deficit. The only real solution is to cut spending and reform entitlements, and only Congress can do that, and Congress is the least functional branch of government, so I doubt it will happen.
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