105. Fiat Money and Debt Slavery with Tom Woods
The Bitcoin Standard Podcast
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Don't Get Into Debt, Save, Spend Less Than You Earn
Don't get into debt. Save, spend less than you earn. Keep accumulating as many savings. As you can that's all very correct and very admirable but in reality it turns out to be a pretty unsuccessful strategy in the fiance system. Biggest governments are the biggest borrower in the world. And the richest people who own those corporations are living off, off, constantly rolling over their debt. The cantion effect is a redistribution from the people who are far from the printer to the people close to the printer.
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