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26min chapter
193 - Lyn Alden's Masterclass On Money
Bankless
The Evolution of Money and Banking
This chapter delves into the historical development of banking and the centralization of money, exploring the role of technology and communication. It also discusses the concept of debasement, its historical implications, and the impact of centralized debasement during times of war. Additionally, the chapter examines the history of currency systems, the flaws of the gold standard, and the dynamics of the US dollar as the global reserve currency.
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