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credit cards

Concept

Jay discusses the dangerous promotion of credit card usage and the idea of living on borrowed money, which has become prevalent since the 1960s and 70s.

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Max KaiserAustrian economicsFDRgold standardsaifedeanJohn Maynard KeynesConstantine the Greatcurrency debasementfiat moneyKeynesianismBretton Woods SystemGATTsolidusHunt Brothersrye stonesRoman EmpireFabian SocialismPeter SchiffFederal ReserveDavid Rockefeller