QE-Infinity is a Laundromat Token

Eurodollar University · Mar 23, 2020 · 36m

This inaugural episode discusses the goal of building a collaborative, educational community to discuss the creation, destruction and redistribution of modern monetary formats throughout the global economy. A strange kind of money, so unlike what we're used to seeing in our pockets, but a money that is needed to finance activity, trade and progress.

We briefly touched upon the nature of money, the un-centralness of central banks and identified the financial collateral markets - not cash or bank reserves - as the source of the monetary disorder that has spilled out into the broader economy in…