#437: History Doesn't Rhyme, It Repeats with Dave Collum & Rudy Havenstein
TFTC: A Bitcoin Podcast
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The Importance of Non-Productive Debt
The policy mistake was the idiocy of these economists that we had Zarp and QE for a dozen plus years. That affects the price, as you mentioned, of every single thing on Earth. And so a lot of stupid things happen under Zarp. Now we're back to a more normal environment, except we've added trades and trends with non-productive debt.
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