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117. The Problem with Interest with Tarek El Diwany (and Allen Farrington!)

The Bitcoin Standard Podcast

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Is There a Cost to Carrying Money?

Catitalynow: Every money leaks value in a sense, because we have to pay to secure it. He says that as time preference drops, the cost of carrying cash will drop too. Catitalynow asks if spending 2% per year on climate change would be worth it in 300 years' time. "We've spatiated our desire for one breakfast," he adds.

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