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

September 05, 2018 • 00:23:10
Episode Cover

CryptoQuikRead_144 - SegWit2x Bugs Explained

The infrastructure and businesses in the Cryptoconomy are set to have a massive shift in the coming months.  The #Bitcoin ecosystem may be difficult...

Listen

Episode

June 12, 2023 • 00:49:07
Episode Cover

Read_739 - The State of Zapvertising [The Same Cat]

"Zapvertising has two forms, and I believe there is a crucial difference between the two. In one version, a company or creator zaps a...

Listen

Episode

January 19, 2021 • 01:04:30
Episode Cover

Read_487 - Winning Hearts & Minds for Bitcoin [Andy Edstrom & Peter McCormack]

"In a world in which governments and companies continually encroach on personal liberties via surveillance and outright control, Bitcoin shines like a beacon of...

Listen