Will U.S. Engineer an Inflation Solution for $33 Trillion Debt Crisis? - Stephan Livera

1 year ago
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Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, dives into a compelling discussion with Stephan Livera, Host of the Stephan Livera Podcast and Head of Education at Swan Bitcoin. Livera shines a spotlight on the staggering levels of U.S. public debt, suggesting the government may employ tactics to 'engineer a scenario' to inflate its way out of this colossal challenge. He takes a critical look at the fiat money system, likening it to a Ponzi scheme that governments are trying to sustain. Livera draws intriguing connections between the gold and Bitcoin standards, shedding light on their impact on the financial landscape. Join us for Part 2, where we continue to explore these thought-provoking topics.

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00:00 - Intro
00:50 - U.S. debt
07:05 - Bitcoin as an alternative
11:33 - How would debt work under the Bitcoin standard?
19:13 - 'The Fiat Ponzi Scheme'
21:06 - Austrian economics and Bitcoin
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