The Curious Task cover image

Moin Yahya - What Is Inflation Really?

The Curious Task

00:00

Bank of Montreal Notes and Back of Nova Scotia Notes

There were rules in place. It wasn't just a wild, wild west. The banks had an incentive to keep the colation kind of tied to how much gold was in the treasury. There's up and down a governments, when they start getting in on the paper money rackets,. They would try to keep it somewhat notionally tied to the gold.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app