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Read_867 - The danger of the collective "we"

Bitcoin Audible

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The Fallacy of Public Debt

This chapter critiques the flawed belief that public debt is harmless because it is owed to ourselves, referencing Ludwig von Mises’ insights. It explores the economic and individual consequences of collectivist thinking, emphasizing how it obscures real financial issues and leads to systemic problems. The discussion also critiques the Federal Reserve's role in creating wealth disparities and misrepresents the impact of public debt on the average American.

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