MI128: Why Buy Bitcoin w/ Andy Edstrom
The Intrinsic Value Podcast - The Investor’s Podcast Network
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Is That Right?
Sotha means in needs to grow forever. Yes, and perhaps even at an accelerating rate. The amount of debts in the economy to fuel that growth is a hundredand 50 trillion. It's like five times as much debt issuance for a given level of economic growth. That system, that debt fuel system, has lasted longer than many people thought it would,. But it appears to be accelerating and not decelerating. And that's likely to end badly, unless we can transition to a better hard money system.
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