Ep. 100: Yes, Stablecoins are Like "Free Banking" in US History—and That's a Good Thing
InFi: the Future of Finance
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Intro
This chapter examines the role of stablecoins within the historical framework of free banking in the United States, focusing on pre-Civil War implications. The discussion also addresses economic criticisms about the capacity of private institutions to create money and challenges the belief that free banking led to disastrous results.
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