2min chapter

Debunking Economics - the podcast cover image

Chicago Plan – why it never went anywhere

Debunking Economics - the podcast

CHAPTER

The Importance of Money in Capitalism

If you'd done this in the early stages of capitalism, then there would have been a shortage of money all the time. Almost every financial crisis back in the 19th century was a combination of a housing crisis and a railroad crisis. The legacy that it gave us of this industrial structure is incredibly valuable now. So would you get the same creativity out of a highly constrained financial system?

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode