SLP422 John Haar Choosing Bitcoin & Austrian Econ over 13 years in TradFi
Stephan Livera Podcast
00:00
Is There a Difference Between Full Versus Fractional Reserve?
I think the preferential government treatment that allowed it to continue existing. I think we need to clarify the nature of those reserves and who controls them. But everyone views themselves as owning the real base form of money, even if their money is in a bank account. They view themselves as having a thousand dollars worth of Wells Fargo bank notes.
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