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Read_821 - The Most Important Thing You'll Read This Year [Re-post]

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Manage episode 419729235 series 2977119
Contenuto fornito da guy@thecryptoconomy.com (Guy Swann) and Guy Swann. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da guy@thecryptoconomy.com (Guy Swann) and Guy Swann o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

Apologies for the repost, I had some technical difficulties migrating the podcast to a new host.

"The U.S. Government spends in a budgetary deficit, then issues treasuries to pay for the spending, then, at a bigger rate than anybody else, buys the treasuries to cover the loss. An unbelievable Ponzi scheme. The U.S. Government is the director of the Ponzi scheme, the old investor, and the new investor. A true masterclass."
~ Cole Walmsley

Today we tackle the intricacies of fiscal irresponsibility through a Twitter thread by Cole Walmsley. As the U.S. government’s deficit spending spirals into what can only be accurately described as a “masterclass Ponzi scheme,” listeners are beckoned to question: How long can this last? With the state of national debt, the illusion of monetary stability, and the inevitable downfall of fiat currencies, are we witnessing the death throes of the dollar, and can a new monetary system rise from the chaos?

Guest Links

Host Links

Check out our awesome sponsors!

  • Get ⁠10% off the COLDCARD⁠ with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠)
  • Swan⁠: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)

"The whole government is a Ponzi scheme."
~ Bernard Madoff

  continue reading

1081 episodi

Artwork
iconCondividi
 
Manage episode 419729235 series 2977119
Contenuto fornito da guy@thecryptoconomy.com (Guy Swann) and Guy Swann. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da guy@thecryptoconomy.com (Guy Swann) and Guy Swann o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

Apologies for the repost, I had some technical difficulties migrating the podcast to a new host.

"The U.S. Government spends in a budgetary deficit, then issues treasuries to pay for the spending, then, at a bigger rate than anybody else, buys the treasuries to cover the loss. An unbelievable Ponzi scheme. The U.S. Government is the director of the Ponzi scheme, the old investor, and the new investor. A true masterclass."
~ Cole Walmsley

Today we tackle the intricacies of fiscal irresponsibility through a Twitter thread by Cole Walmsley. As the U.S. government’s deficit spending spirals into what can only be accurately described as a “masterclass Ponzi scheme,” listeners are beckoned to question: How long can this last? With the state of national debt, the illusion of monetary stability, and the inevitable downfall of fiat currencies, are we witnessing the death throes of the dollar, and can a new monetary system rise from the chaos?

Guest Links

Host Links

Check out our awesome sponsors!

  • Get ⁠10% off the COLDCARD⁠ with code BITCOINAUDIBLE ⁠⁠⁠⁠⁠⁠(Link: bitcoinaudible.com/coldcard⁠⁠⁠⁠⁠⁠)
  • Swan⁠: The best way to buy, learn, and earn #Bitcoin (Link: https://swanbitcoin.com)

"The whole government is a Ponzi scheme."
~ Bernard Madoff

  continue reading

1081 episodi

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