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Will Bitcoin End Central Banking? with Eric Yakes - WBD462

The Peter McCormack Show

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Understanding Inflation and Central Banking

This chapter explores the intricacies of inflation and its often-misrepresented role in Bitcoin discussions, emphasizing the need for clear definitions in financial dialogue. It further delves into the establishment and historical context of the Federal Reserve, examining its impact on economic stability and the US dollar's global dominance. The chapter concludes with reflections on the challenges faced by the Federal Reserve and the declining supremacy of the US dollar in international transactions.

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