The Fed's Bloody Balance Sheet (Fiat Wars)

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In this video, I discuss how Fed money printing has been the primary way that the US has financed its foreign wars over the past 20 years.

When you have only a small percentage of the population actually fighting in a war, and that war is being funded by inflationary money printing (or by shifting the debt burden to subsequent generations)--

It's quite likely that you will end up with more expensive and more useless wars than you otherwise would have.

Under a Bitcoin standard, no nation will be able to go to war without the express social and financial approval of its population, who will need to be willing to fork over some of its Bitcoin to fund the war.

When you hear "fiat money," you should immediately think of lies, broken promises, death, and destruction.

By contrast, Bitcoin promises to usher in a more peaceful and just society.

Not investment advice! Consult a financial advisor.

Memorial Day:
https://en.wikipedia.org/wiki/Memoria...

WW2, Korean War, and Vietnam War all funded by tax increases:
https://en.wikipedia.org/wiki/Revenue...
https://en.wikipedia.org/wiki/Impact_...
https://en.wikipedia.org/wiki/Revenue...

Obama and Bush both cut taxes:
https://www.americanprogress.org/arti...

Costs of the 20-year war on terror:
https://www.brown.edu/news/2021-09-01...

Federal Reserve's balance sheet:
https://fred.stlouisfed.org/series/WALCL

Conscription in the US:
https://en.wikipedia.org/wiki/Conscri...

How many Americans served in WW2:
https://timeline.com/its-amazing-just...

How many Americans served in War on Terror:
https://www.forbes.com/sites/niallmcc...

Kunduz hospital airstrike:
https://en.wikipedia.org/wiki/Kunduz_...

The Invisible Cost of War in the Age of Quantitative Easing:
https://bitcoinmagazine.com/culture/h...

I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos.

My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.

#Bitcoin
#fed
#war

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