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4min chapter
#425: Fiat Crisis with Balaji Srinivasan
TFTC: A Bitcoin Podcast
The Fed Lies About Inflation
The establishment lured banks into binging on bonds, writes Julian Zelizer. The treasuries also implicitly admitted this too with the introduction of the buyback program next year and there's not going to be demand here we go he says. "Every institution that bet big on us government bonds in mid 2021 is a dead man walking to first order depending on how big a position they took"
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