Less Loose Will Lower Markets, Not Inflation – Ep 766
The Peter Schiff Show Podcast
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Bit Coin - What Happens When the Market Crashes?
A lot of people have been borrowing a lot of money against their bit coin collateral. If we get a move down to 30 thousand or below, a lot of people are going to have margin calls they can't meet. In fact, one of the interesting ironies here is that buying bit coin is actually making a bet on the establishment,. You're basely betting on the fed's ability to continue to keep all these bubbles in ated.
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