Tom Kowitz on the Last 4 US Government Defaults – Friday Flashbacks – Epi-47
The Survival Podcast
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The Burden of Central Banking
This chapter explores the intricate relationship between central banking, monetary policy, and the economy, emphasizing the hidden costs of inflation and the consequences of debt. It reviews historical financial maneuvers and instances of government defaults, detailing how these actions have reshaped the American financial landscape. Additionally, the chapter discusses the implications of the U.S. dollar's status as the world's reserve currency and warns of potential economic instability from its loss.
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