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Ben Kizemchuk on fiscal dominance, financial repression, passive flows and fiat currency | S07 E28

The Acquirers Podcast

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The Evolution of Fiat Money

This chapter examines the transition to fiat money post-1971, highlighting its implications for economic stability and growth. It discusses the flexibility of monetary policy in managing downturns, the ongoing challenges of inflation control, and innovative concepts such as currency with expiration dates. The chapter also explores the Cantillon effect and its role in perpetuating wealth inequality in contemporary economic systems.

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