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Central Banking is a Confidence Game | The Snider Series | Episode 6 (WiM106)
The "What is Money?" Show
Government Spending Is the Only Safe in Liquid Assets, You Know?
I actually think every dollar a government spends is a misapplication of capital. And so we're channelling scarce monetary and financial resources through the largest governments. But yet, because of the deflationair environment, because cee isn't money printing, that's the way that ily at these margins thes real economies all over the world are funnelling more resources through governments than they otherwise would have.
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