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Podcast: Stephan Livera Podcast
Episode: Full Reserve vs "Real Bills" with Philipp Bagus - SLP600
Description: Philipp Bagus rejoins me to discuss his newest book, ‘Full Reserve Banking versus The Real Bills Doctrine’. This is his response to Juan Ramón Rallo, and in it we discuss:
🔸 The currency school and the banking school
🔸The problem of ‘double availability’Â
🔸Why the creation of fiduciary media is a problem
🔸The correct categorization of goods and money
🔸Full Reserve in a Bitcoin world?Â
🔸Milei’s work in Argentina
Summary:
In this conversation, Stephan interviews Dr. Philipp Bagus about the full reserve banking versus the real bills d...