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TIP462: What is money? w/ Lyn Alden
We Study Billionaires - The Investor’s Podcast Network
The Relationship Between the Government and the Central Bank
In 19 34, in the girte servi, the fet was required to give its gold to the treasury. The effect was given an equal amount of so called gold certificates. But what this manoeuvre did was that it technically kept the fat solvent. And fast forward, and we're looking at this huge deat burden. You've mentioned three different options from the us. One could talk about a revalue gold on the balance. Or we could also hold interest rates below inflation and effectively burn away deat. Could you please elaborate on these three options and what the consequences would be? Going back to the botoo before is to overtime? Will we have this long term deat
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