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4min chapter
Bitcoin as the Resistance to Hidden Repression with Alex Gladstein (WiM318)
The "What is Money?" Show
The Importance of a Sound Money System
The IMF's existence was supposed to be to stabilize that rate. But after Nixon took the country off the gold standard, most economists were like, okay, so the IMF can go away now. So it shifted its mission essentially from like propping up the exchange rate of like large major currencies to lending to the core countries. It moved from exchange rate stabilization to predatory lending in 71. And it's done it ever since. The World Bank had a similar pivot at right as we honestly, right as we went into the fiat system. Do you see what I'm saying? 100%. Like they weren't great at the beginning. They didn't have this colonial kind of dynamic. That really started
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