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WiM026 - Money Hierarchies with Nik Bhatia

The "What is Money?" Show

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I Love Bit Coin, but You Can't Complain About Ce

"It's not just about you failing. But when we get into bank of england and the idea of the lender of last resort in the middle of the nineteenth century," he says. "That was the ist time when a counterparty risk really moved completely past the risk to you the, you know, the holder of the risk."

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