155. IMF & World Bank Misery Industry with Alex Gladstein
The Bitcoin Standard Podcast
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Bitcoin Is Like a Double Punch to This System
I think Bitcoin is like a double punch to this system. On the one hand, it allows the victims to opt out where you can put your savings as something that does not get devalued over time because nobody can inflate more of it. Secondly, I think the longer term way in which it fixes this is that ultimately this entire circus only runs because of the money printer. If you take away that money printer, then we live in a world of hard money again. Fiat destroys opportunity cost. There is no opportunity cost for the IMF or the World Bank for every dollar that they lend. It's just money that's sitting there and the more excuses they come up with for lending, the
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