Bob uses a recent Hoover Institution interview of Arthur Laffer to explain the debate between fixed versus floating exchange rates. Back during the classical gold standard, there was a sense in which the entire world used one money. This could be our future with Bitcoin or another cryptocurrency. Related: - https://www.youtube.com/watch?v=joSS0_hdUo4 - https://cdn.mises.org/understanding_money_mechanics_ with_cover_image_attached.pdf Watch the video version of this episode here: https://youtu.be/eWufI1X47RE Subscribe to our YouTube channel: https://bit.ly/3XXfmGS Follow us on Instagram: https://www.instagram.com/infineogroup Follow us on Twitter: https://www.twitter.com/infineogroup Learn more about Infineo at: https://www.infineo.io Audio Production by Podsworth Media - https://podsworth.com
