BTC186: Fiat Food & Bitcoin w/ Matthew Lysiak (Bitcoin Podcast)
We Study Billionaires - The Investor’s Podcast Network
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Questionable Actions in Economics and Politics
The US was committing fraud by issuing more paper notes than gold in the treasury, risking exposure if countries tried to redeem them. Nixon wasn't solely to blame as prior presidents were involved. Lyndon Johnson manipulated egg prices by spreading false health information to control supply and demand and lower prices for political reasons, leading to a misconception about the health effects of eggs. Despite its nutritional value, this deceptive tactic affected the perception of eggs.
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