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4min chapter
BTC121: Bank Failures & Bitcoin w/ Steven McClurg (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
What's the Keystone of the Supply Chain?
Inflation is the keystone of all of this and all valuation around the world starts there. If oil is going up, I was saying minimum 50%, food prices up minimum 50%. That's a lot of inflationary pressure. It forces the Fed to continue to raise rates. The death comes into the... Who's going to take US dollars if all you're going to do is just continue to print more and more of them just to cover your debt service? Nobody's going to want it.
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