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353. The US Dollar Might Collapse | Peter Schiff
The Jordan B. Peterson Podcast
The Argument for Borrowing From the Future
The only time you could justify borrowing from the future is if you are creating something that future people will benefit from, he says. "I think the current generation is going to pay for a lot of this stuff because the dollar is going to collapse" The U.S. government never invested Social Security money when Roosevelt first concocted it in the 1930s and now they're giving themselves an IOU by issuing bonds.
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