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23min chapter
Lyn Alden: Our Money Is Broken
The Reason Interview With Nick Gillespie
The Control of the Ledger and the Demise of Gold as Money
This chapter explores the shift in control over money, from decentralized commodity monies to bank and central bank ledgers. It discusses the significance of gold in the history of money and the technological inevitability of its abandonment. The chapter also highlights the trade-off between the hardness and speed of money and its connection to war, as well as the role of the US dollar as the global reserve currency and potential successors.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode