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The Essential Nature of Money

Rob’s comments below are in italics.Derek’s comments below are in normal font.

We’re going to get back to a core topic today: the nature of money. At some point in the sovereign finance journey, everyone realises that the money that you thought was real in your pocket isn’t as real as you were led to believe growing up. So what else do we have to say on this?

First, at the end of the day, money is a tool. It’s a tool that can be used like any other tool for good or for ill. If you’ve got a knife, you could use it to prepare your dinner, or you could use it to stab somebody.

If you’ve got a…

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