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WiM044 - The Saylor Series | Episode 10 | The Death of Gold
The "What is Money?" Show
Why Does Gold Fail in Theory?
Sotha: The shape and configuration of our institutions is derived from the nature of our money. He says if you have better money, you have a better economy. But gold fails primarily because there's good application protocol. It's not conservative. Its too difficult, too slow, too dangerous. Sotha: That's why the gold standard ultimately has always just been an invitation to war.
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