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The Debate Over ETH's Monetary Policy | DH + RSA

Bankless

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Monetary Policy: A Modern Exploration

This chapter explores the intricate landscape of modern monetary policy by contrasting traditional monetary forms like gold and Bitcoin with human-regulated currencies. It analyzes different categories of money, specifically M0, M1, and M2, while discussing their implications on economic stability and inflation. The conversation critiques central banking's influence, emphasizing the long-term ramifications of fiscal policies and the comparison between traditional currencies and Bitcoin's algorithmic approach to value preservation.

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