
153. Late Stage Fiat Adventures: Lebanon
The Bitcoin Standard Podcast
00:00
The New Lebanese Economy Is Emerging
Lebanese economy is getting destroyed and the dollar-based economy is replacing it. The black market rate began to diverge in October 1, 2019. And then you look at the money supply, what a coincidence. You see here, again, around the same time is when the money supply began to increase. Now we've gone parabolic. We haven't had the growth this week in the entire two years. This is new. So it's gone from 40 to 60, just about a month. It was about 40, just 42 around December. It just keeps going. It's very sad. I hope this helps you navigate your own population wherever you are. Everybody gets it
Transcript
Play full episode