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BTC096: Fractional Reserve Banking Vs Bitcoin w/ Mike Stroup (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
Social Security - What's Your Social Security?
Starting in 2023, they're probably going to get at least an 8.7% increase in their social security benefits. A big portion of it is inflation index, which makes it hard to just inflate your currency and make the value of these promises weaker. So if it's 1 trillion paid out per year, then that's another 8 billion and spending just like wage price spiral.
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