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Really enjoyed this podcast tonight. One of the panelists hit the nail on the head: We are printing money to service existing debt and then paying interest on that existing debt. It is the definition of a Ponzi scheme.
https://open.spotify.com/episode/0gjP6FyzuVIptqpYRye2cR?si=nhllt3pNTpCi10UtqEIqww
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