This is the final part of our 3 part series on money's history, evolution, and future. The future of our monetary system involves a deleveraging because a deleveraging must always follow a levering up, and we have had the biggest levering up in world history. After that, a new monetary system will be born from the ashes of the old one. And there are 4 choices for how that new system will look. 

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Since the invention of paper money, the financial system has experienced multiple scaling events. This process transformed money from a store of value for individuals into a vehicle that transfers value to governments. In this episode we follow the evolution of money from the invention of paper until today. 

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The origin of modern money explains a lot about how we got to where we are today. Join me as we dive into how the economic machine works at the most fundamental layer, the foundation - money. We start at the beginning and explore how economies used to work when money was hard. 

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