3min chapter

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104: Balaji $1m Bitcoin Bet, Banking Crisis, Ryan Reynold’s Business Empire & GPT-4

Not Investment Advice

CHAPTER

Why the Fed Shouldn't Have Paid in the System

Since the financial crisis, we are in a central bank-led world. The economies are trying to be fixed by central bankers using interest rates. Prior to 2008 and really through the 20th century, you know who tried to fix the economy? It was the actual government. And if all these banks fail, that's not good. It'll cause the question.

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