Read_609 - The Invisible Cost of War - Part 1 [Alex Gladstein]

"As detailed in Saifedean Ammous’s “The Fiat Standard,” in November 1914 the British government “issued the first war bond, aiming to raise 350 million pounds from private investors at an interest rate of 4.1% and a maturity of ten years. Surprisingly, the bond issue was undersubscribed, and the British public purchased less than a third of the targeted sum. To avoid publicizing this failure, the Bank of England granted funds to its chief cashier and his deputy to purchase the bonds under their own names.” This was one of the more prominent early examples of government bond market intervention to finance war, and it would provide a blueprint for America to follow for decades to come." - Alex Gladstein Today we have an incredible piece from Alex Galdstein returning with his incredible deep dives into the history of money, what is happening around the world, and how Bitcoin fits into the world's massive problems today, and may fundamentally alter the course of history. Don't miss an incredible walk through the history of war, and how money has hidden their cost, and thus made them a permanent part of our modern society. Link to the article: https://bitcoinmagazine.com/culture/how-the-fed-hides-costs-of-war For the best products and services to get you started in Bitcoin, our sponsors are literally a handful of those that I use most in this space: • Get Bitcoin rewards on literally everything you buy with the Fold Card (guyswann.com/fold). Get 20% off with discount code BITCOINAUDIBLE. • Buy Bitcoin automatically and painlessly with SwanBitcoin (swanbitcoin.com/guy) • Keep your Bitcoin keys safe on the secure, open source BitBox02 (guyswann.com/bitbox). Discount code GUY gets you 5% off. • Get tickets to the biggest & most exciting Bitcoin conference in the universe! Bitcoin 2022 (guyswann.com/2022). 10% discount if you use code GUYSWANN. Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message