Larry White on Gold, Fiat, and Bitcoin: Determining the Ideal Monetary Standard
Macro Musings with David Beckworth
00:00
The Origins of Private Coinage
The earliest coins or proto-coins have signs that they were produced by private merchants. Many economists and researchers claim private mints simply can't compete for information asymmetry reasons. The vast bulk of the coins in circulation produced by private Mints were up to standard, says David Frum.
Transcript
Play full episode
