March 10, 2023
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27:50Now PlayingGovernment likes to spend money that it doesn't have. The Fed accommodates government by creating new dollars out-of-thin-air, which is as unconstitutional as it gets. When government spends this counterfeited money, it creates massive economic distortions. Unviable businesses are started. Houses and buildings are built that shouldn't be built. Risky debts are piled up. The temporary cure to this government spending & Fed counterfeiting disease is recession. The permanent cure is to End The Fed.
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