Just look at this new stimulation bill the US has passed. Don’t worry we had our successive stimulus packages in Austria as well so this is a worldwide problem. But money does not grow on trees. The government can only either tax us, borrow it, or just print it. And what have we learned from Milton Friedman? Money printing has consequences. As many very powerful empires have experienced. You trust your government at your peril. Maybe time to get used to Bitcoin or something else thats a bit more durable than cash.
Elon Musk on Sunday asked about the possibility of converting "large transactions" of Tesla Inc's balance sheet into bitcoin, according to a Twitter exchange between Musk and a well-known advocate for the digital currency.