The Debt Spiral

How much does the US Government debt increase every 100 days?

• $100 billion

• $1 trillion

• $500 million

• $200 billion

What is the annual tax collection amount of the US?

• $4.9 trillion

• $3.5 trillion

• $5.2 trillion

• $4.2 trillion

What did Jerome Powell say about the US Government debt?

• It is sustainable

• It is decreasing

• It is unsustainable

• It is manageable

What is the 'dollar milkshake theory' related to?

• US Government debt

• Cryptocurrency

• US Government bonds

• Global financial markets

How much new debt does the US Government need to issue every year?

• $3 to $4 trillion

• $1 to $2 trillion

• $2 to $3 trillion

• $4 to $5 trillion

What is the expected outcome of high inflation periods according to the discussion?

• Decrease in purchasing power

• Increase in government revenue

• Decrease in national debt

• Stability in the stock market

What rank did Bitcoin achieve in terms of base money?

• Eighth

• Seventh

• Sixth

• Fifth

What is the annual expansion rate of US base money since 2008?

• 11%

• 9%

• 7%

• 12%

What is the BTFP program designed to do?

• Reduce national debt

• Stimulate economic growth

• Increase tax collection

• Provide liquidity for treasury purchases

What is a major trend in the Bitcoin industry according to the discussion?

• Bitcoin replacing traditional currencies

• Government regulation of Bitcoin

• Institutional investors doing research on Bitcoin

• Decrease in Bitcoin value