"...At some point the entire financial system becomes a wholly owned subsidiary of the Federal Reserve" — Peter St. Onge
Today we dive into the fiat and banking crisis with Austrian economist Peter St. Onge in exploring the insolvencies of our banking and political institutions, how we got here, and where things are likely heading. What courses of action are available for the US government and the Fed and what can we take away from the historical examples of countries taking this same path to apply to our own? @ProfStOnge brings valuable perspective and insight to making sense of the fall of the US monetary system.
Follow him on Twitter for tons of great writing and regular breakdowns of the financial and monetary policy decisions: https://twitter.com/profstonge
Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev
• Code BITCOINAUDIBLE gets 9% off the ColdCard! https://bitcoinaudible.com/coldcard
• 100,000 FREE SATS until the end of June for simply trying -- no subscription, no obligation -- the Fold debit card at https://bitcoinaudible.com/fold
https://swanbitcoin.com/guy
-------------------------------
"I can't change the wind. But I can change the direction of my sail so that I always reach my destination." — Jimmy Dean
--- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message“The BCB enforces the strictest deposit regulations in the world by requiring full reserves for all accounts. This is the digital equivalent of the ...
“If we do nothing, new technologies will give the government new automatic surveillance capabilities that Stalin could never have dreamed of. The only way...
"People can use inscriptions today and they do use them.If on the one hand you believe that marginally raising the costs to unwanted usage...