5min chapter

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How To Prepare For The GLOBAL RECESSION & Build Wealth In The Process! | Raoul Pal

Tom Bilyeu's Impact Theory

CHAPTER

What Is Currency Debasement?

The more you create of something, the less value it has. This is why they can't let the system go bust because now there's so much leverage that everything goes. If we were less levered like in India, the country is very unlevered. The probability of you not being able to pay that debt is very low. You're not going to destroy the population. But when it's the US or Europe, you just simply can't allow it.

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