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153. Late Stage Fiat Adventures: Lebanon

The Bitcoin Standard Podcast

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The Lira Is in Free-Facing

Every single cent that is stored in the Lira is now down 99% or something like that over the last three years, two and a half years. It has gone down 50% several times. We have had 50% every couple of months for a very long time. There is no limit on how much you can just keep declining in value. So the interesting thing here is now that the counting on effect has been killed. You can see the light at the end of the tunnel"

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