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HUMPTY DUMPTY MACRO

The ACID Capitalist Podcast

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The Importance of Money in the Economy

Money is multifaceted in its utility function. And when there's not enough money circulating with within the economic system, you get fissures and brecks. It led to appalling levels of adult unemployment for at least a decade. Money has to be lectn a bit. Kin woldd be better, because bom, gon bom, bom. You can transfer a transferor transfer and has the e has it. Well, is problems. Has finite supply. So because you couldn't get equilibrium out of this damned gold thing, the equilibrium had to be forced upon prices in the nomy. The profound silliness the shipping of gold is ridiculous. Gold and any other hard commodity.

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