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Trust me, I’m an economist
The New Bazaar
Money and Trust
There's a tension there between human relationships and money. People need to trust that if they are given money in exchange for something they sold, that they can use that money to then buy other things. Money has to have certain properties to maintain that trust. For the money to be trustworthy, the institutions it oversee the money, the money supply, central bankers, also have to be trustworthy.
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Listen to the best highlights from the podcasts you love and dive into the full episode