Crypto Voices cover image

Monetary & Political update, Crypto Voices show update

Crypto Voices

00:00

What Is the Relation Between the Monetary Base and the Other Monetary Aggregates?

The monetary base is comprised of bank reserves, so digital money is sitting on the central bank liability side. It's more like an inert digital cash pile that sits there on the votes of the commercial banks. But if this money doesn't get transformed by the credit expansion of the commercial Banks, it will not affect general prices at the same magnitude as it has been increased or printed in the last decade.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app