Edward Chancellor: "The Price of Time"
The Great Simplification with Nate Hagens
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The Future of Money
I think we need a new type of monetary unit. I'm not saying go back to the gold standard, but this, the fiat currency that we've been playing around with for the last 50 years since the collapse of Bretton Woods. It's associated with high inflation and then these series of asset price bubbles and financial crises. We can design a financial system in which banks actually don't take leverage. The your deposits are not levered into long dated loans. And there is a future in that for FinTech, if you want,. There is afuture in that for for banks going closer to what's called the Chicago model where they simply own short dated government debt to come with their liabilities
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