2min chapter

The "What is Money?" Show cover image

Liquidity and Debt Structures | The Twilight of Gold Series | Episode 7 (WiM158)

The "What is Money?" Show

CHAPTER

Watdes Money Show

The central bank's stated aim is price stability. If we just had adequate liquidity in the system, we would curb demand for bank loans and thus moderate price swings that come from credit expansion. The purpose of knowledge is action, not knowledge. So i hope you're deriving some useful knowledge from thi show, and i hope it's improving the actions you are taking in your life.

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