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29min chapter
#462: Government Spending Leads To Hyperinflation with Peter St Onge
TFTC: A Bitcoin Podcast
Analysis of Treasury Auction Debacle and Potential Hyperinflation
This chapter discusses the recent treasury auction debacle and its potential connection to historical hyperinflationary events. It explores the low demand for the 30-year treasury and highlights the risks associated with the enormous amount of debt the government is trying to sell. The chapter also examines the possibility of runaway inflation or hyperinflation in the current economic situation.
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