via Cryptocurrency News & Discussion https://www.reddit.com/r/CryptoCurrency/comments/1e9ikal/us_interest_on_debt_892_billion_is_higher_than/ CBO estimates that the federal government will spend $892 billion this fiscal year on national debt interest payments, which total $28 trillion. According to the Wall Street Journal, this surpasses the military budget of $816.7 billion and almost equals healthcare spending. (Source WSJ: Rising US debt threatens to end its empire | Al Bawaba) […]
US interest on debt ( $892 billion) is higher than its spending on military budget ($816.7 billion) What does this mean for bitcoin?
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