286. The Fiat Standard: Lecture 5: Fiat Balances: Universal Debt Slavery
The Bitcoin Standard Podcast
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The Illusion of Fiscal Health and Credit Ratings
This chapter explores the complexities of the US government's financial status regarding its credit rating and money-printing capabilities. It contrasts traditional corporate financial metrics with the implications of excessive borrowing and inflation, questioning the long-term security of government bonds against inflation.
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