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BCB098_LARRY LEPARD & GREG FOSS: Bitcoin For Boomers

Blue Collar Bitcoin

CHAPTER

Is There a Fiat Collapse?

Josh Levin: I wish somebody could pull up a chart of the US interest costs per year. The thing is gone basically vertical, you know, not many years ago, our US interest costs were about two hundred billion dollars a year. That's a debt doom loop. And so what you want to own is something that cannot be printed. Something that the government can't print will have value in the new currency that gets set up after the fiat collapse. He says Bitcoin and gold are starting to smell the next level of debasement. "I think they're high odds at the bottom is in"

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