
UK experiments & Irish stability
The David McWilliams Podcast
00:00
The Real Alchemy of Money
All oil, et cetera, all those commodities are button sold in dollars. What if that changed? I thought I thought they would there was a shift to other currencies now. The dollar has liquidity because everyone recognizes this is the fascinating thing about money. Money is an ephemeral, mercurial substance that only exists inside the mind of people. Scarcity actually be tokens hoarding. Once you hoard money, you take it out of circulation and the magic's gone.
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