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Slo Mo: A Podcast with Mo Gawdat
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What's the Matter With Cryptocurrency?
Since two thousand t we had tens of trillions of dollars that were printed by the central banks and given to commercial bankers. Commercial bankers can only make money if they lend it on. So when corporations have savings, you know thereis something the matter. They use money that was ta came to them for free from the central banks, and it goes up much, much higher than the point onty % that they're paying. Isn't that magnified even a hundred times in crypto currency, which really produces nothing, but is getting floods of money coming in to chase it?
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