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#418: A First Principles Breakdown of the Monetary Crisis with Peter St Onge

TFTC: A Bitcoin Podcast

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The Pros and Cons of Default

The US has defaulted on its debt many times in the past, no matter what. Schmidt: Would we be seven times richer if we didn't have this massive bureaucracy trying to command our economy? "I'm interested in how do we get back to the kind of economy where entrepreneurs are in charge," he says.

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