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The Most Important Question in the World Today | Episode 3 | (WiM327)
The "What is Money?" Show
The Portability of Gold
If we could have somehow sent gold across a telecommunications channel, there would have been no need for a central bank. We went from placing our trust in a free market game theoretic process to trusting this institution instead. So I think it's kind of idiosyncratic and that we just happened to end up here on this planet with a certain amount of gold.
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