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Liquidity and Debt Structures | The Twilight of Gold Series | Episode 7 (WiM158)
The "What is Money?" Show
Liquidity Principles for Banking
Paly predicted all of this in 36, especially in this essay. One of the problems of pal's writing when people get into it is that he has, like, all these profound realizations and ther ther interspersed with passages i don't understand. So let me read from this liquidity at first sightand by he's talking about the liquidity principles for banking. And this, again, re think about this in terms of, what what would a bit coin? How could a bit coin based bank function? According to liquidity principles that would keep that bank functioning. Oh gare. Bdou doyou. You start to see where this is going? Is this? Wasn't
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