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Free Banking on a Bitcoin Standard | #343

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Manage episode 484947373 series 2613758
Content provided by Gwartney Institute. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Gwartney Institute or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

'Free Banking' advocates want banks to be able to issue their own currency and let the market dictate answers to questions regarding things like the currency's relation to various precious metals and optimal levels of bank reserves. Such advocates historically have argued that the market would settle on something like a gold standard but have disagreed about fractional reserves. Russ leads an informative discussion of how bitcoin fits into this picture. Join in for a discussion of what may be the future of banking, bitcoin, or both!

  continue reading

343 episodes

Artwork
iconShare
 
Manage episode 484947373 series 2613758
Content provided by Gwartney Institute. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Gwartney Institute or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

'Free Banking' advocates want banks to be able to issue their own currency and let the market dictate answers to questions regarding things like the currency's relation to various precious metals and optimal levels of bank reserves. Such advocates historically have argued that the market would settle on something like a gold standard but have disagreed about fractional reserves. Russ leads an informative discussion of how bitcoin fits into this picture. Join in for a discussion of what may be the future of banking, bitcoin, or both!

  continue reading

343 episodes

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