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The Recurring Saga of the Debt Ceiling with Rohan Grey

Macro N Cheese

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Coins Are Debt in the Federal Reserve

When the Federal Reserve was established, they didn't say we're finally taking the power away from those bastards in the Mint. The reason they like it is because the Mint makes a profit. They make a coin that costs cents to make, and they sell it for a dollar, and they send that money back. And this is all an accounting game.

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