WiM026 - Money Hierarchies with Nik Bhatia
The "What is Money?" Show
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The Pyramid of Money
As the pyramid of money grows, it's also becoming inherently less stable. Financial panics and boom ind bus cycles have been going on for hundreds of years. They are a by product of ala money system in which there's fractional reserve all am. It just goes to show that fragility cannot be fixed in an age system. And can't be fixed without a brand new, a bran system.
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