A U.S. House member just went on record opposing a massive spending package that sailed through Congress tonight. The breakdown? Billions in commitments—duty-free trade initiatives to Africa, economic stimulus for Haiti, and what he calls "endless giveaways."
His message is blunt: "We gotta stop spending dadgum money, folks."
This fiscal dynamic matters to crypto markets more than most realize. When governments pump trillions into stimulus and giveaways, inflation pressures mount, currency debasement accelerates, and investors start hunting for alternative stores of value. Bitcoin and crypto assets historically gain attention during periods of expansionist fiscal policy and monetary debasement. The growing push against reckless spending—even from inside the legislative chamber—signals shifting sentiment on long-term financial responsibility.
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NFTBlackHole
· 9h ago
Back at it again? The lawmakers are calling to stop reckless spending, now the crypto market should rise... but I don’t buy it.
Just printing money recklessly, no wonder everyone is rushing into Bitcoin.
This guy is right, once the printing press starts, it can’t be stopped... we need to stock up on hard assets.
It’s always the same, first spend money to stimulate, then when inflation hits, pretend to reflect—what a joke.
Stop spending money? Dream on, it’s the system... but short-term positive for the altcoin sector is real.
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MoonRocketman
· 9h ago
Wait, are politicians finally starting to reflect on burning money? This means the launch window is really coming... Once inflation expectations loosen, funds will look for an exit, and Bitcoin's escape velocity conditions will be met.
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GasFeeCrier
· 9h ago
Here we go again, the US is still spending, no wonder everyone is rushing into crypto.
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BlockchainTherapist
· 9h ago
Here we go again? Politicians spend money like dirt, and we are the real bagholders. No wonder everyone is rushing into the crypto world.
A U.S. House member just went on record opposing a massive spending package that sailed through Congress tonight. The breakdown? Billions in commitments—duty-free trade initiatives to Africa, economic stimulus for Haiti, and what he calls "endless giveaways."
His message is blunt: "We gotta stop spending dadgum money, folks."
This fiscal dynamic matters to crypto markets more than most realize. When governments pump trillions into stimulus and giveaways, inflation pressures mount, currency debasement accelerates, and investors start hunting for alternative stores of value. Bitcoin and crypto assets historically gain attention during periods of expansionist fiscal policy and monetary debasement. The growing push against reckless spending—even from inside the legislative chamber—signals shifting sentiment on long-term financial responsibility.