Winding Path to The End Game It’s hard to have a recession when the USG is running multi-trillion dollar deficits...The US will continue running fiscal deficits — regardless of who ends up in the White House....provisions of the soon-to-expire Tax Cuts and Jobs Act of 2017 (which could add another $4-5 trillion to US deficits...

At the time, the U.S. monetary mandarins began to worry about the balance of payments deficit because...In retrospect, the combined effect formed the genesis of America’s now crippling budget deficits....Both systems require the U.S. to run persistent trade deficits....Sometimes the reserve currency nation may have to run a trade deficit to supply more of its currency...

The Only Way Out Is Through The path for sizable US fiscal deficits is clear at this point....More fiscal deficits —> more UST debt —> more USD liquidity —> higher asset prices This is the...bonds—sparked by the then-incoming Prime Minister Liz Truss’s announcement of an aggressive and unfunded budget deficit—was...

President Trump’s Presidential Memorandum announcement of a reciprocal tariff policy to address trade deficits...on bolstering domestic industries and priorities over fiscal austerity will likely lead to increased deficit...shift comes at the cost of fiscal discipline, at a time when many major economies already run sizable deficits...

More fiscal deficits —> more UST debt —> more USD liquidity —> higher asset prices This has...With the path for future fiscal deficits all but inevitable, we’re finally seeing the currency debasement...

It would mean fiscal deficits would jump, which leads to even more debt issuance and higher net interest...The CBO projects the US will run another $1.4T budget deficit in 2023, and an even bigger $1.6T shortfall...We typically see fiscal deficits spike during recessions as government revenues fall and spending rises...

...any real concern or desire to address the 35-Trillion pound elephant in the room – the US debt and deficit...As such, the debt and deficits will continue to rise....Don’t take our word for it, the congressional budget office projects that the annual budget deficit will...

East, combined with the ongoing Russia-Ukraine war, one thing is becoming increasingly likely — larger deficits...outperform must continue to ask themselves where they wish to be allocated in a world with ever increasing deficit...

The outlook for the US fiscal deficit is only getting worse, which means more Treasury debt issuance...

The Pledge Renewed inflation worries, soaring bond yields, growing deficit concerns, a strong US dollar...

When it’s the opposite, the deficit owed to synth holders is initially taken out of LPs’ accrued earnings...If the deficit is higher than LPs’ earnings, the reserve backstops their loss and plugs the deficit.

The attacker returned $2.4 million, leaving a deficit of ~ $21.6 million....Until the deficit generated by the exploit is paid off, FARM’s emission schedule will reflect this change...Hence, there’s a well-founded belief that as the deficit gets repaid, the price of GRAIN will gradually...

While TVL has been growing over the last few months, the Anchor yield reserve has been running a deficit...Since then, the reserve continued to run a deficit until the recent introduction of bETH which reversed...

When operating at a deficit, the protocol would distribute ANC to incentivize additional deposits of...This caused UST deposited in Anchor to keep growing, which only accelerated the reserve deficit.

...as the US debt ceiling debacle comes to a head and concerns mount over the impact of larger fiscal deficits...

...the experience for liquidity directors Bruno: We basically disaggregate IL into the actual quantity deficit...and the notional deficit after balancing via surpluses....Think AAVE but with more levers to balance the deficits....Carson: Re: the surplus/deficit management, we will be publishing a post in the near future. stay tuned...

Bancor considers two new proposals to solve their deficit: one through tokenizing it and another through...

A pittance when you consider we’re currently running a $1.4T per year fiscal deficit....the Treasury must rapidly rebuild its cash balance to sustain its functions due to the ongoing fiscal deficit...

While this has been used in the past to meet protocol deficits, it could also be used to fund incentives...

The US continues to run multi-trillion dollar deficits, which only adds to its growing mountain of public...Despite all the recent rhetoric around cutting the fiscal deficit, the gap between total government spending...At the end of the day, continued fiscal deficits will increase US public debts, which requires more liquidity...