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MacroVoices #322 Josh Crumb: The Future of Decentralized Finance

Macro Voices

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The Power Brokering of the Middleman

The role of a sovereign banker was to rationalize, on behalf of the sources of capital in or to rationalize the uses of capital. The middle man played an very important power brokering o. You know, essentially someone like, youow, a pirpont morgan. He really was the power broker between european sources of capital and heavy consumers of capital. So i think that's from from big finance perspective.

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