Deep Dive Special: How Inflation Actually Works

Bitcoin News Digest Special Reports & Debates · Jun 28, 2026 · 23m

Executive SummaryThe global macroeconomic landscape in 2026 is defined by a state of “fiscal dominance,” where unsustainable sovereign debt levels in the United States have forced a strategic pivot toward financial repression. With national debt exceeding $36 trillion and interest payments eclipsing the defense budget, the U.S. administration has abandoned traditional austerity in favor of “running the economy hot”—a strategy designed to erode the real value of debt through nominal growth and suppressed interest rates.Within this environment, the distinction between “currency” (a medium of…