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ricardo kowalski
Zeihan on Geopolitics
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Comments by "ricardo kowalski" (@ricardokowalski1579) on "Why Gold Can't Displace Fiat? || Peter Zeihan" video.
3:32 "the currency itself becomes a sourcenof massive inflation"... sorry to break it to you, but in fiat systems it is also the "currency itself that becomes a source of massive inflation". As for asset backed currency fails everytime...not true. The currency doesn't fail, it is debased by government decree. That is the cause of the failure.
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