TL;DR: 200 years ago, the Bank of Amsterdam collapsed due to insolvency caused by bad loans, war and currency debasement, leading people to abandon it. Today, central banks face comparable challenges.
Thank you Sam for being a beast and breaking all this info down. Unbelievable. History clearly stands the test of time as one of our greatest teachers. The homework is being done and eyes are wide open right now. Please keep bringing the fire!
Thank you Sam for being a beast and breaking all this info down. Unbelievable. History clearly stands the test of time as one of our greatest teachers. The homework is being done and eyes are wide open right now. Please keep bringing the fire!
Good Morning,
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