IF DONALD TRUMP’S sweeping global tariffs send household good prices soaring and drive the economy into recession, at least one industry could profit.
The Trump administration is considering using tariff revenues to buy Bitcoin for a “Strategic Bitcoin Reserve,” a top administration crypto official said in an interview last week.
The White House’s proposal is driving interest from crypto industry figures who have made building the reserve one of their top priorities.
It is uniting critics on the right and left, however, who have cast the reserve as a pointless industry giveaway that will come at the expense of ordinary taxpayers. Using tariff money would add insult to injury, they say.
I still like it better than another bailout for banks, who over levered for short term profits to attain their bonuses.
Better? You like eating shit better than eating rotten assholes?
Thanks for sharing…
How high are you right meow?
Very. But I disagree with the other guy.
Two wrongs don’t make a right.
You think they’ll pay it all back with interest?