14min chapter

The "What is Money?" Show cover image

Bitcoin is Money: The Language of Power with Robert Breedlove (WiM530)

The "What is Money?" Show

CHAPTER

The Evolution of Money: From Fractional Reserve Banking to Central Bank Control

This chapter explores the complexities of money's evolution, particularly the challenges of fractional reserve banking and the emergence of central banks. It examines the historical role of the Bank of Amsterdam and its influence on modern banking practices, leading to systemic trust in paper currency.

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