179. Bondpocalypse with Greg Foss
The Bitcoin Standard Podcast
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The High Time Preference of Bonds
Bank of America is sitting on $100 billion of losses, people. They don't have to get marked to market because it's in this magical bucket called held to maturity. As long as they're on good terms with the government, you can always bail people out. But at the end of the day, you could just give anybody whatever score you want on the fiat bonds and they can...
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