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How Elites & Baby Boomers Collapsed America | WhatifaItHist - PT 1

Tom Bilyeu's Impact Theory

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Disconnect Between Economics and History

This chapter explores the gap between elite economic theories and the realities of historical financial crises, using Spain's 17th-century hyperinflation as a case study. It critiques the limited focus of economists on data at the expense of historical context, revealing a troubling ignorance among financial authorities. The discussion underscores the negative consequences of prioritizing GDP growth over genuine societal well-being, highlighting the complexities of economic corruption and the experiences of those affected by economic neglect.

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