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UnavailableRead_821 - The Most Important Thing You'll Read This Year
Currently unavailable

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

FromBitcoin Audible


Currently unavailable

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

FromBitcoin Audible

ratings:
Length:
59 minutes
Released:
May 17, 2024
Format:
Podcast episode

Description

"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?

Check out Cole Walmsley's tweet. (Link: https://tinyurl.com/4saj8hsd)

Guest Links

Cole Walmsley on X (Link: https://twitter.com/Cole_Walmsley)


Host Links

Guy on Nostr (Link: http://tinyurl.com/2xc96ney)
Guy on X (Link: https://twitter.com/theguyswann)
Guy on Instagram (Link: https://www.instagram.com/theguyswann/)
Guy on TikTok (Link: https://www.tiktok.com/@theguyswann)
Guy on YouTube (Link: https://www.youtube.com/@theguyswann)
⁠Bitcoin Audible on X⁠ (Link: https://twitter.com/BitcoinAudible)
The Guy Swann Network Broadcast Room on Keet (Link: https://tinyurl.com/3na6v839)


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

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Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message
Released:
May 17, 2024
Format:
Podcast episode

Titles in the series (100)

The Best in Bitcoin made Audible. Guy Swann makes the knowledge of Bitcoin, the world's most secure, independent money, accessible to everyone. Exploring Bitcoin from an investment perspective, economic analysis, its philosophical foundations, & technological primitives. Reading and distilling thousands of hours of others' works on Bitcoin, Guy explains everything you need to know.