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CD85: Bitcoin and Global Recession with Dylan LeClair

Citadel Dispatch

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The US Government Has a Gun to Its Head

The US government is functionally insolvent. They spend more money than they bring in every single year. People willingly lend that money because like and will you know buy bonds for 30 years as a savings account with a 4% yield. The Bitcoin exchange rate is the price set at the market. I don't think it's bullshit. I think it's just aprice set at the margin right now. And to real money no 100% I agree with you. But yeah. So bank runs hyperinflation. Yeah.

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