The "What is Money?" Show cover image

Waiting for a Recession with John Mauldin (WiM349)

The "What is Money?" Show

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The Role of Central Banks and the Potential of Bitcoin

In this chapter, the speakers delve into the role and impact of central banks on the world economy, discussing whether they should be abolished and the corruption they can cause. They explore the notion of gold as central bank insurance and its potential value in a worsening world. The conversation also touches on the concept of Bitcoin as a decentralized cryptocurrency and its ability to hold central banks accountable.

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