177. A Rosetta Stone for Fintech
This Machine Kills
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The New Deal Settlement in Finance, Right?
The new deal settlement in finance is supposed to allow, it's basically a boundary between what private actors who are seeking profits are allowed to retain control of and what the public is supposed to onsible for. It then tries to argue, you know, or it tries to present a new framework for understanding the dynamics that have undermined this settlement over the past few decades. And then going into y a new finte applications, crypto distribute, ledgers, the crowd funding why these tap into those dstabilizing effects,. make them worse, accelerate the erosion private actors have had in their war on the public private settlement ar an and basically do surupt the ability of financial markets to be stable
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