A Brief History of Money and Bitcoin with Brian Estes (WiM172)
The "What is Money?" Show
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The Petro Dollar Isn't Back by Oil Anymore
In 97, one off the gold standard. Went into a major recession. We were suffering from stalation. So we had high inflation, low output sically. And so it was being caused by going off the goldstandard. The system broke around three weeks ago and nobody's talking about right? No. But what broke was that russia decided to sell oil to india for rupees an seta dollars,. i ran selling oil to china for yen r on. M, how mayy people trust the government after what just happened with cobet? You know, i mea wee lied to for two years. That's what's your backing our money. It's very uncomfortable
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