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Jim Bianco on Inflation, Recession and the Need to Reimagine the Economy for a New Era

The Breakdown

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The Fall Out of Cryptocurrency

In 18 95, almost one third of the companies on the london stock exchange had the name bicycle in it. If you took a shell company which we would call a spack to day, stuck the name bicycle on it, tripled in value. But by 19 hundred half of em were out of business. All new technologies come with massive hype, speculation, busts and the like. And cryptos going to be no differentt least in that perspecte. It will not only take out all the levered players, the celsius, the digitof voyagers, you know, the three earths capitals, they're all going away,. but it could also take out unlevered players

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