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Adventures In The Late Stage of Fiat: Lybia

In this seminar, learners at saifedean.com discuss the current state of the fiat monetary system as the world experiences the dollar strengthening and other fiat currencies weakening. Seminar attendee Nasr El-Hadi discusses the history and the current state of the Libyan monetary system, where the central bank has split into two central banks, each issuing the same currency with a different signature, with hilarious and disastrous consequences.

Uploaded on July 26, 2022.