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MacroVoices #256 Russell Napier: Prepare for Secular Inflation

Macro Voices

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Is Bitcoin the Vehicle for Avoiding Taxation?

The reason that people buy Bitcoin is they think it's better than gold and escaping taxation. And I don't think it falls at all because we, over many years, the governments have got a pretty good handle on gold. That reflects the belief that somehow in this one particular asset class in the history of the world, Caesar does not get what is a rendered onto him. Ultimately, government is government that gets what it wants.

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