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Mike Novogratz
@novogratz
CEO, $GLXY @galaxyhq. Early Investor: #Bitcoin#, 🍄, Board: #TheBailProject#, @REFORM. Disclaimer:
Joined February 2009
4.7K Following    491.1K Followers
This is getting scary. As a country we need to turn this around. Sec Bessent was correct in targeting 3-3-3. Unfortunately we aren’t even close to that. War doesn’t help. A Congress that never says “no” doesn’t help. At one point t the bond market will force fiscal discipline. Inflation across so many sectors over the past 10 years is directly correlated to this massive increase in debt. Incumbents on both sides will feel this in the mid terms. It’s the govts inability to deal with its spending addiction that keeps me bullish BTC even in a year where the energy in the crypto space is low.
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July: The Federal Government took in $334 billion and spent $766 billion. That's a $432 billion deficit in just one month. Don't try this at home.