
…Long Live the American Dream
Raoul Pal: Real Vision
00:00
Is Bitcoin the Answer?
Fiscal stimulus could work in the 1940s and 50s based on very similar debt types. But what we're getting is behavioral incentives driven by fiscal policy using central bank digital currency rails, programmable money. The millennials can't generate wealth so it becomes incredibly difficult to generate wealth when Bitcoin comes along. People haven't got their heads around what this means yet but it is gigantic.
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