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BCB123_JAMES LAVISH: Where’s The Recession?

Blue Collar Bitcoin

CHAPTER

Reluctance of Central Banks and Inflation Crisis

This chapter explores the reluctance of central banks to back their currencies with reserve assets and the challenge of transitioning to an alternative system. It discusses the accepted inflation rate determined by central banks and how economic information is obfuscated. The speakers also share personal experiences of the inflation crisis in the 80s and the awakening of people to massive debt and unfunded liabilities.

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