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"Don't Fight The Fed" | The Snider Series | Episode 3 (WiM093)
The "What is Money?" Show
Is This the Beginning of a Hedge Fund?
T we're talking about always just papering over losses, deferring bailing out, kicking the can down the road. And i mean, every crisis is worse than the previous, it seems like. The point of convertibility in tor hard money, sound money system was that we're trying to weed out bad actors. If we can't weed out the bad actors, the bad actors are not going to be the only bad actors. As we just said with the sanel system, thesan el said, i want to be like the bad people because they're the ones making all the money.
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