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Base Money and Free Markets | The Snider Series | Episode 7 (WiM109)
The "What is Money?" Show
I Think the Best Solution Is to Separate Money Creation and Maintenance From Intermediation
We may not need central banks at all. We might have a situation where the in mediation function is performed by less rigid structures, nay, even ad hoct networks runing about something like that. To some people, it's terrifying a when you don't have any kind of control those kind of things. But to me, i think that's, that's the free market, babyi don't need these rigid banking systems that sit atop everything and get the special privilege. In a truly transparent environment, decentralized, you know, winners and losers will rise and fall,. And they'll perform the intermediation function.
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