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Hierarchies of Money: Why You Use Bank Money But the Bank Wants Reserve Currency – Bitcoin News

Hierarchies of Money: Why You Use Bank Money But the Bank Wants Reserve Currency – Bitcoin News

While people tend to think of money as being all the same, the fact is governments and banks use different types of money than the everyday individual. From the top of the economic pyramid of world reserve currencies, down through central bank and commercial bank money, the capacities and function of different kinds of money vary broadly.







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