The American deficit is preparing to explode by $ 2,500 billion. This republican tax bomb could paradoxically become the fuel of a historic rally for Bitcoin in the face of the inevitable devaluation of the dollar.
In short
- Republicans offer 4,000 billion tax discounts, digging the deficit of 2,500 billion.
- Spencer Hakimian predicts an “incredible” impact on bitcoin and gold.
- The growing deficit could accelerate the adoption of bitcoin as a strategic reserve.
- The obligations will suffer from the massive issue necessary to finance this deficit.
A tax project that explodes the deficit
Spencer Hakimian, founder of Tolou Capital Management, has just released a bomb on the financial markets. The fund manager believes that the new republican tax bill will create a gaping hole of $ 2,500 billion in the American budget.
The Republicans promise fagumous tax reductions of 4,000 billion, while claiming to save 1,500 billion on expenses. A calculation that leaves you pensive and that already makes teeth cringe in Washington. But for Bitcoin, this dubious arithmetic could become an exceptional boon.
Hakimian, now considered one of Wall Street's most listened to Wall Street, does not chew his words: ” This explosion of the deficit will be incredible for bitcoin and gold. »»
Her analysis Joined that of many experts who anticipate a leak towards tangible assets in the face of the exponential increase in public debt.
Bitcoin reacted immediately to these announcements, climbing up to $ 105,503 before stabilizing. This volatility reflects the growing interest of investors for crypto in the face of expansionist monetary policies.
The massive bond issue required to finance this deficit will exert down pressure on treasury bills. “” Obligations will be terribly affected “, Warnings Hakimian, strengthening the appeal of alternative assets like Bitcoin.
Bitcoin as a solution to the debt crisis?
This increase in the deficit comes in a context where the Crypto community carefully observes institutional movements. Senator Cynthia Lummis has already suggested that Bitcoin could help resolve the American debt crisis, offering the purchase of one million bitcoins by the government.
Morgan Stanley goes further in his recent projections. The investment bank estimates that the United States should hold up to 3.7 million bitcoins if the crypto becomes a real international reserve currency. This amount would represent 18 % of the total capitalization of Bitcoin.
Arthur Hayes, former CEO of Bitmex, remains skeptical. He doubts that the American government really takes the plunge, evoking current budgetary concerns as the main obstacle.
Journalist Charles Gasparino of Fox Business also nuances ambient optimism. According to him, the idea that customs tariffs can significantly reduce the deficit remains “out of the question”, even with the recent agreement between the United States and China.
The spectacular increase in the American deficit could paradoxically strengthen the attraction of bitcoin as a reserve of alternative value. While the United States juggle between massive tax reductions and increasing debt, the programmed rarity of Bitcoin takes on its full meaning in the face of the upcoming monetary abundance.
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