2min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC107: The Real Impact of the IMF and World Bank w/ Alex Gladstein and Sam Callahan (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The IMF and the World Bank Never Take Losses in the Debt Bubble

The IMF and World Bank never take losses in the, we just give them a new little roll of the bailout, because we can print the reserve currency. So again, you've got people in the Congo still paying back debt that Maputu took out in the 80s. And there's never been any forgiveness of this debt, even though those people never agreed to take those loans.

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