
Bitcoin and the Central Bank Mind Virus with Chris Sullivan (WiM488)
The "What is Money?" Show
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Implications of Securities Lending and Fractional Reserve Equities
The chapter explores the risks associated with securities being lent out multiple times and the concept of fractional reserve equities. It discusses the erosion of property rights, wealth disparity, and the impact of central banks on society. Additionally, it delves into historical examples and potential resolutions regarding the central banking system.
Transcript
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