NEW: Biden economic advisor Jared Bernstein turns into bumbling mess after he's asked why the government borrows money if they can just keep printing it.
We are so screwed.
Question: They print the dollar. So why does the government even borrow?
Bernstein: Well, so the, I mean again, some of this stuff gets some of the language that the mmm, some of the language and concepts are just confusing.
... The government definitely prints money and then it lends that money by, by selling bonds. Is that what they do? They, they, they, yeah, they, they, they sell bonds.
... So, yeah, I, I, I guess I'm just, I don't, I can't really talk. I don't, I don't get it. I don't know what they're talking about.
Holy s***.
More: @FindingMoneyDoc
Happy birthday to Nikola Tesla, the 1st man to ever predict #Bitcoin🎉🥂🎁
🕰️Let's go back in time and unmask the other 5 men who predicted Bitcoin, decades before it was invented:
💥1890s
💥1921
💥1973
💥1997
💥1999
🧵Time for a thread unmasking 5 Bitcoin prophecies.🕰️🔮
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