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2min chapter
Worldwide Debt Spiral with James Lavish (WiM294)
The "What is Money?" Show
The Hyperinflation of the US Dollar
Why would you default on your debt if you could print and monetize it? You wouldn't. So in that way, the US will maybe never default because we were just hyperinplate the currency before we would default on US dollar denominated debt. But is it going to happen tomorrow? No. It happened in 20 years, maybe 50 years, more likely 100 years, definitely. And what should people be thinking about? Is there anything out that you can think of that is not inflationary? Yeah. Nothing compares to Bitcoin for holding your value and saving in it.
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