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5min chapter
WiM026 - Money Hierarchies with Nik Bhatia
The "What is Money?" Show
The Origin of Cash
The bank of amsterdam essentially become the world's first central bank. Then that model was in dapted in england to become the bank of england, which was a really consequential development in world history. And then, you know, finally, and i say finally, because this is when central banking really coalesced around a a single narrative, which was lender of last resort within a system.
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