In this video, we discuss the money supply. This is something we have covered although we tie it into the context of the monetary system.
Over the ages, money has changed. The basis of a monetary system, however, has not. This is what gets missed with all the focus upon money.
Here we spell out how it works and why one of the most crucial components, accounting, is essential to the understanding. From here, we explore how it fits into the framework of economies and how some can absord it while others cannot.
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