my latest episode with Philipp Bagus on Full Reserve Banking vs the "Real Bills" doctrine of Juan Ramon Rallo. We also touch on full reserve in a bitcoin world, and his thoughts on Milei in Argentina. 

I think understanding the full reserve question will be important for the development of the bitcoin ecosystem so make sure to tune  in and understand what it's about. 

https://stephanlivera.com/episode/600/ 

 Interesting topic. I'll save it to listen to it on the weekend. 

 Fantastic! Real Bills and “Monetary Disequilibrium” are imo the major cruxes of the frb debate. Hope to see more conversation around these, because the fraudulent-vs-voluntary debate seems to be at an impasse.