Trump says American families will get the "largest tax refund season of all time" in 2026.

Where does that money come from? It isn't tax revenue it’s a refund of taxes. That means the government is voluntarily increasing the deficit to juice the economy right before midterms.

The narrative is "relief." The reality is "stimulus." They are injecting liquidity directly into the hands of retail consumers.

You can print money to pay the voters, but you cannot print value. The currency takes the hit for the solvency of the state.

They call it "Quantitative Easing" because "Currency Debasement" polls poorly.

This is why I will always choose Bitcoin.