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Part 1: Pomp On Balaji's 90 Day Bitcoin Bet, Digital Catastrophes, And Failing Banks
My First Million
Silicon Valley Bank - What Do They Sell?
The central bank, this is actually a crazy statistic. They had about a $900 billion balance sheet coming out of the global financial crisis. They 10 bagged it. And so now all of a sudden inflation is at nine plus percent. Rich people make money on inflation because they own assets. It's the poor people, the bottom 50%. They're the ones who get hurt by inflation.
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