#434: Capital in the 21st Century with Allen Farrington
TFTC: A Bitcoin Podcast
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The Importance of Tools in Finance
I think diving in took the axiom of capital and defining capital and money from first principles. It's back to a point I made one or two questions ago that you can get very technical and you can invoke all kinds of jargon to make this point, but it just doesn't work. A lot of people who haven't worked professionally in finance will be alienated by referring to capital too much and too freely because it sounds very abstract. Everybody does. If you think of it as tools, you realize that capital is everywhere and it's an enormous part of everybody's life.
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