
SLP198 Caitlin Long - What Are Austrian Economists Missing About Money And Banking?
Stephan Livera Podcast
00:00
The Uro Dollar Market
We are way out living our we're consuming a lot more than we've produced. That's the reason why the gold exchange standard was ended in 19 70, because we were borrowing more than we were producing. So be careful shorting the dollar. It can't go on forever. And here i would point to the book, when money dies, by adam ferguson, talking about the short squeezes in the german currency right before the hyper inflation between world war one and world war two d it just was staggering how the magnitude of the short squeeze that happened.
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