The Price Of Tomorrow w/ Jeff Booth
Bitcoin Magazine Podcast
00:00
The Value of the US Dollar as a Global Reserve Currency
The design of the monetary system had gold backing and Brad and Brad Bretton Woods in the US dollar. And even Keynes, who many people completely, I think he would roll over in his grave if he actually saw what's actually been done under his name. So today, we live in that system where 2% inflation isn't enough to pay that back. Other nations need to sell their labor, their reserves in something that needs to devalue by 8 or 10% a year. That monetary system is breaking down again.
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