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The Problems with Price Inflation | The Twilight of Gold Series | Episode 11 (WiM182)
The "What is Money?" Show
Holding Dollars Is Not Irresponsible
The next giant burst of on that we see will only come about the government. The fed can't really do it until there's another crisisand an immediate financial crisis. And so what it means is that my thesis is a bit ner of inflation is either umb motion or fast motion. But the fast motion won't happen without a major deflationary impulse first, which motivates the inflationary impulse. You you have to live through the deflationary impulse, which means you're going to need dollars. I think holding some dollars is not at all irresponsible and not at all bad.
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