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Economy

The Future of Money & Banking: Bitcoin, Fractional Reserve, and Free Markets (Video)

In this episode of Liberty Curious, Kate Wand explores the history of money, the evolution of fractional reserve banks, and the impact of emerging technologies like Bitcoin and CBDCs on personal and economic freedom. She discusses these topics with George Selgin, director emeritus of the Center for Monetary and Financial Alternatives at the Cato Institute.

They discuss the merits of free banking, Keynesian economics, and the potential for a Bitcoin Standard in a world in which governments have long abused and mismanaged money.

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