WiM026 - Money Hierarchies with Nik Bhatia
The "What is Money?" Show
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Capitalism in a Globalized World
The dutch gilder brought capital in, and it fitd the reserve status. It was a second lay of money. And for that reason, am its, it's probably the first reserve, world reserve currency that matters. That's what we saw in florence in the thirteenth to the fifteenth century,. The unit itself had consensus, and that brought, you know, wealth.
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