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165. African Startup Cities with Magatte Wade

The Bitcoin Standard Podcast

CHAPTER

The Benefits of Industrialization

I think obviously you guys need more world bank structure reform programs and more government borrowing. I think my personal theory is that countries that are poor today are basically poor because they got Fiat money before they got the steam engine. So places where industrialization had arrived by the early 20th century managed to take off, he says.

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