AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
"Don't Fight The Fed" | The Snider Series | Episode 3 (WiM093)
The "What is Money?" Show
The Elastic Currency System
We've always kind of been stuck with thi problem as human beings, between the need to make transactions really cheap and easy. Is it better to have an inelastic system, where some of these excesses don't happen, but we take a lot off of economic growth? Or do we like the elastic system, or this perfectly elastic system, where we also get the acid bubbles and balances and excesses that go along with it? And i think, you knowi it doesn't have to be in either or, but that's essentially the two parts of the debate that go back in, y know, sound money, sound money debate that goes back for a very, very long
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode