90-95% of what’s in the public sector is dependent on inflation in order for it to continue to subsist. And by continuing to print money, they’re destroying their ability to finance themselves. It’s a very interesting experiment because we’re getting to see the end game of inflation playing out without a bailout. - Saifedean Ammous, The Bitcoin Standard Podcast, Episode 153 https://lnkd.in/dZfTHSBY
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