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#698 The Future Of Crypto Banking w/ Bill Barhydt

The Pomp Podcast

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The CPI Rent Index Is Almost Ten %, Right?

The economy is about to retract. The government has put themselves into a corner right now where fixed income is already worthless. It's not about replacing gold, it's about replacing the hundred trillion dollar of fixed income in portfolios that is completely worthless. I started using the word stag flation months ago when everybody said the economy was about to boom. But i don't think that the're being intellectually honest at all with the numbers that you're seeing.

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