212 - The full shilling? The case for crypto as a speculative asset - but a currency, eh no!
The David McWilliams Podcast
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The Bond Market
The dutch faced this problem many, many years ago of how do we move money through space and time? And they came up with the bond market. The most extraordinary thing is the dutch managed to move through time so base what they did as they borrowed from the future. What we're talking about them is the age old conflict between the debtor and the lender, rights or theris.
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