AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
3min chapter
The Riddle is Transaction Costs: That's What the Money is For!
The Answer Is Transaction Costs
Exploring Liquidity, Transaction Costs, and Clearing Systems
Exploring how liquidity impacts debt clearance in an informal clearing system, highlighting the importance of information in reducing transaction costs and increasing efficiency in the velocity of money.
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