The US government should not borrow money to buy Bitcoin as a speculative bet, even if analysts like Michael Saylor predict it will reach $13 million or Tom Lee predicts $250,000, because government fiscal policy should not engage in financial speculation—that is the private sector's role, and such spending would increase treasury note supply and interest rates at a time when citizens are already complaining about mortgage costs

normativepending

Speaker

Jim Bianco

Evidence Quote

I don't think that's the purpose of what government is is to speculate that's the private sector's job is to speculate on the price of assets not the government's job

Source

MacroVoices #467 Jim Bianco: The Mar-a-Lago AccordBianco Research
Created: 8/11/2026, 7:52:47 AM

My Notes

Loading notes...