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#425: Fiat Crisis with Balaji Srinivasan

TFTC: A Bitcoin Podcast

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Republicans and Democrats Paid for 2008 All Together

In 2008 Democrats and Republicans were roughly socioeconomically similar but by 2018 the blue dots have pulled way ahead of the red dots which is a huge difference. All of the richest districts are blue right and so what happened was a gigantic shift in 10 years with red and blue being equally matched to suddenly blue having all the money Right? So point is all of these communist states socialist states um failed states they block the totalitarian states they don't let you leave or they don'tLet you leave with your money or they just don't letting you leave it all right. But whatever that's what they ended up on.

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