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6min chapter
Worldwide Debt Spiral with James Lavish (WiM294)
The "What is Money?" Show
The Importance of Inflation
Inflation is a form of implicit default, basically, right? It's just like a daily default. Every single day your dollar is worth less than it was the day before. Period. And that's the taxpayer picking up the bill for government negligence. Or yeah. We operate in a deficit and perpetually. And there's no way to get out of that deficit. Bitcoin's the answer.
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