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EX-CIA Spy: Unveiling the Narrative on USD Dominance, CBDCs, Proxy Wars, & China | Andrew Bustamante

ITM Trading Podcast

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The Problem With the Fiat Currency

Of course you're assuming that the fiat currency retains some level of purchasing power and since they basically all admit that there is virtually no purchasing power left. The only thing that's holding it together is the confidence of the public because the confidence on all the different levels bank to bank central bank to central bank are gone. If we're talking about end of days type of stuff then then the only thing is gonna save us is gonna be baseball bats and spears anyways well, I don't disagree with you but where I come from there's also a significant vulnerability in the fact that a physical asset belongs to whoever physically controls the asset correct so that's a major risk.

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