Macro Expert Suggests Bitcoin-Linked Treasuries to Tame Inflation
In a recent interview on the "What Bitcoin Did" YouTube channel, macroeconomics expert Luke Gromen suggested a novel approach for the next US president to tackle inflation.
He proposed issuing long-term Treasuries with low yields, supplemented by Bitcoin incentives, to attract investors.
Gromen suggested that offering $5 trillion in 30-year Treasuries at a 2.5% yield, each with a Bitcoin bonus, could be effective. This strategy would reduce inflation risk and attract investment due to the added Bitcoin value.
He explained that stable interest rates over a long period would help large businesses plan effectively, knowing their capital costs wouldn’t fluctuate dramatically. This stability, he argued, would enable companies to maintain competitive pricing and boost productivity.
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Gromen also criticized the current policy landscape, suggesting that a stable cost of capital is crucial for long-term economic projects and strategic planning, which Wall Street’s influence often undermines.
Overall, his proposal aims to create a more stable financial environment, which he believes is essential for managing inflation and fostering economic growth.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
