86. Layered Money with Nik Bhatia
The Bitcoin Standard Podcast
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The Bank of England's Model of Scaling Gold
The bank of england provided basically the most efficient way of scaling gold, right? Yes, they did. And thats united states copie thatd because the banks only make money when they create credit. Gold is a restriction upon that. So hum, o know, it's justi banks trying to find their way around that restriction and get off the gold standard am by,. Even though they're pretending to still be on it a, you know, for for the last kind of 50 years, up the gold standard. It wasn't until 71, when everyone finally acknowledged that we don't have one any more.
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