Liquidity and Debt Structures | The Twilight of Gold Series | Episode 7 (WiM158)
The "What is Money?" Show
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Bitcoin - The Single Most Important Asset You Can Own in the 20 First Century
This is essentially back to that original concept of delaying volatility, right? A government stepped into delay the essentially by extending mortgagesre structuring debt. Because we're addicted to debt. We want the easy way out. And again, am debt as always, provided that it's the way to kick the can down the road. If interest goes up three %, doesn't that mean that the government now is going to pay a trillion in interest? And the answer is, sort of, but not really.
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