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147. Bond Markets with Nik Bhatia

The Bitcoin Standard Podcast

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The Wind in the Sales of the US Dollar

"As long as you're the least drunk person in town, then you're going to continue to get a lot of more work than all the other deadbeats," he says. "This is really the wind in the sales of the US dollar is the fact that everything else is much worse." And this is why ultimately capital holders all over the world continue to send their capital to the US, which gives the US effectively a bailout on all of its mistakes.

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