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BCB071_LUKE GROMEN: You Can’t Print Energy

Blue Collar Bitcoin

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Is the Dollar Really the World's Reserve Currency?

There's fraying confidence in the dollar for various reasons. The amount of dollars we will have to print to satisfy our debt and off-balance sheet obligations does not match the fundamental value of energy today. We now know empirically that if you start reducing Russian oil supplies, inflation is going to take off,. Oil prices are going to spike, and the global economy is going to implode.

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