
155. IMF & World Bank Misery Industry with Alex Gladstein
The Bitcoin Standard Podcast
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What's the Biggest Force for Fiat Money on the Global Stage?
The IMF and the World Bank do a lot of promotion of fiat money globally by basically offering it as loans for governments. That incentivizes governments to become short-termist in their focus, writes Julian Zelizer. The success of the dollar system was to essentially penetrate all these nooks and crannies around the world," he says. "It was presented as your only way to save yourself"
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