The Century of Central Banking | The Snider Series | Episode 1 (WiM081)
The "What is Money?" Show
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Is There a Failure of Capitalism in the Market for Money?
There is an inherent flaw right here in the purely capitalistic form of money, which would be no central bank. I don't think yono, there's all sorts of implatumean just regular commercial market places. There are all sorts of frictions and balan sand and flaws and anything else at you. Soiy, again, i think it's not a flaw of capitalism so much as it is a flaw in peopled that'ssnow.
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