SLP296 Saifedean Ammous - The Biggest Fiat Malinvestment
Stephan Livera Podcast
00:00
The Limitation of Gold
Global trade became such an important part of the world omy in the nineteenth century. As goods started to move internationally, much more money had to move internationally as well. The fact that you needed the banksit is a function of gold's properties. You know, it was just not easy to send an ounce of gold half way around the world. And we can romanticize the gold coin and the way the gold coin holds on to its value,. But the reality is, you can't send a gold coin, coin half way round the world.
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