Escape Velocity with Lacy Hunt
The ACID Capitalist Podcast
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What Can Go Wrong in 24 Hours?
In the 1970s, this non-sovereign Fed fog money, it was multiplying. Today, again, the Fed is looking at $16 trillion. At the same time as this EURODOLA system, what's happening today? This is the metric, so fabrication of dollars are created in America. You put dollars on deposit and the bank then creates dollars by extending a loan.
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