The "What is Money?" Show cover image

An Examination of Central Banking with Joseph Wang (WiM234)

The "What is Money?" Show

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Is There a Lender of Last Resort?

The problem with an inelastic money supply to me is, well, you basically are creating universal boomers and whereas the people who got coins first, they become rich. And if you have a growing population, they're increasingly small minority. So I think that's a hard society to manage.

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