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4min chapter
Demystifying the Petrodollar Scheme with Alex Gladstein (WiM082)
The "What is Money?" Show
We're Coming to the Debt Debasement, Right?
The US government is now the majority purchaser of our own debt. And obviously that leads, you know, again, to currency debasement. We're talking many trillions in entitlements and we owe them for their services between 20 and 50 trillion dollars. That's crazy like a man who says he can't pay his bills but then does it anyway. It's almost like watching, ah, you end up reading the mandibles - Yu should put it on your holidayblist. A, i'm like a comic version of what we're dealing with. Guess what? Vi it nom ha, cost it! The seventies was when America defaulted on its debt; this one will be
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