193 - Lyn Alden's Masterclass On Money
Bankless
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The Evolution and Impact of Central Banking
This chapter explores the historical progression of banking systems towards centralized structures and the emergence of central banks. It highlights the role of central banks in stabilizing economies, the implications of currency debasement, and the intertwined relationship between money, power, and wartime finance. Additionally, it discusses the U.S. dollar's transition from a gold standard to a fiat currency and its dominance as the world's reserve currency amidst changing geopolitical dynamics.
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