U.S. government spending limits Fed inflation fight, Jack Mallers notes

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U.S. government spending limits Fed inflation fight, Jack Mallers notes — Government borrowing complicates Fed inflation goal

Jack Mallers, founder and CEO at Strike, argued that the U.S. government is the biggest borrower and spender, creating a challenge for the Federal Reserve’s efforts to control inflation.

Mallers described the situation as 'fiscal dominance,' pointing to the scale of the government's financial activity.

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Mallers previously discussed government debt concerns and described Bitcoin as immune to central control in a recent interview here. He also launched a Strike feature allowing users to earn 3.6 percent interest on cash balances paid in bitcoin here. Both moves highlight his ongoing focus on monetary policy and alternatives.

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