4min chapter

Closing the Loop cover image

#32 - Jeff Booth: Bitcoin is the Answer to a Broken System

Closing the Loop

CHAPTER

Do You Think They'll Try Broad Debt Jiubilese?

Do you think they'll attempt broad debt jubilese as a means of it trying to rectify this? No, and again, keep going back today. I was like, shit, I should have used the again. So let's say tomorrow everybody says, okay, the debt's gone, reset to zero. Who retains the assets? If I had a thousand houses and the debt's all gone, do I keep all the assets? Or if a country is the same thing for a country, for a nation state, they keeps all the assets that they have in other countries and such. There's no way that this is going to happen through a debt reset or probably is so

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