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BCB077_GREG FOSS & JOE CARLASARE: The Bond Debate

Blue Collar Bitcoin

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Bitcoin Is the Insurance of Last Resort Against Raging CPI

I think it's important for Bitcoiners to get the narratives correct. I was very upset last year when, not Greg, but other people that were saying, Bitcoin's your protection against raging CPI. That's wrong because treasury markets have utility in our system. This is why the four week treasury bill is yielding lower than reverse repo right now. So you know, my view just in summary is debt and demographics are destiny. They will drive us towards more monetization of our debt. There will be a reversion to the mean when it comes to deflationary dynamics in our society. And Bitcoin will be the biggest beneficiary of all of that. You want this system to keep chugging along

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