
MacroVoices #294 Luke Gromen: The U.S. Government Cannot Afford Secular Inflation
Macro Voices
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I Love Bit Coin, I Love Gold
Bid coin is a neutral reserve asset with an energy tie and decentralized. It has an algorithm that's going to increase its value as the aggregate amount of the economy grows. At some point bit coin would, if taken to the extreme, completely make irrelevant central bankers. They lay theire irrelevant. The only thing they have in their bounchy to defend their franchise is gold.
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