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![LukeGromen Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::2936015319.png) Luke Gromen [@LukeGromen](/creator/twitter/LukeGromen) on x 342.9K followers
Created: 2025-07-22 20:29:29 UTC

@cap_endurance "Deficit spending under a gold standard leads to much higher rates."

Deficit spending also leads to above-target inflation (as we've seen), but Fed is to politically captured to stop it

IE - gold would make them independent :)


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**Related Topics**
[fed](/topic/fed)
[inflation](/topic/inflation)
[rates](/topic/rates)
[government spending](/topic/government-spending)

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