17.5 What is Fiat Base Money? || Matthew Mežinskis

Matthew explains what makes up the base money supply in a fiat system, physical cash notes and coins, as well as reserves at the central bank. The reserves are traded among banks, as well as used to buy government debt. Inflation is properly defined as an increase of this base money supply. Watch all Highlights: https://youtube.com/playlist?list=PLPwc75tPMdsjpqK1YHYYG5b55M6Y--6Qd Watch all full episodes: https://youtube.com/playlist?list=PLPwc75tPMdsixsuhwau82Q0IfxECo0z_E Website: https://WasabiWallet.io Blog: https://blog.WasabiWallet.io Documentation: https://docs.WasabiWallet.io GitHub: https://github.com/zkSNACKs/WalletWasabi Podcast: https://anchor.fm/Wasabikas YouTube: https://youtube.com/c/WasabiWallet