Read_821 - The Most Important Thing You'll Read This Year

May 17, 2024 00:58:54
Read_821 - The Most Important Thing You'll Read This Year
Bitcoin Audible
Read_821 - The Most Important Thing You'll Read This Year

May 17 2024 | 00:58:54

/

Hosted By

Guy Swann

Show Notes

"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!


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

Other Episodes

Episode

July 23, 2020 01:13:27
Episode Cover

Guy's Take on the Bill Bert Podcast with Anthony Pompliano [#29]

Today's Guy's Take is a response to the Bill Bert podcast with Anthony Pompliano! What did Pomp miss? What did he get wrong? Lets...

Listen

Episode

April 01, 2024 00:53:27
Episode Cover

Read_812 - Congress is Criminalizing Privacy

"We know the law is unconstitutional. FinCEN knows the law is unconstitutional. FinCEN knows we know the law is unconstitutional. And yet we're supposed...

Listen

Episode

February 08, 2022 00:54:54
Episode Cover

Read_600 - The Separation of Money and State [Allen Farrington]

"That is not to say that Bitcoin will lead us to a pacifist utopia in which any attempt at violence suffers metaphysical intervention by...

Listen