Summary:
From pre-WW1 Gold Standard, to unbacked, to Bretton Woods 1944 to Nixon Shock 1971 to rise of Shadow Banking and Derivatives in 1990s – Big changes in nature of money, banking and financial institutions, briefly explained – Details: bit.do/azhom – Radio Islam Interview 8 Oct 19
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From pre-WW1 Gold Standard, to unbacked, to Bretton Woods 1944 to Nixon Shock 1971 to rise of Shadow Banking and Derivatives in 1990s – Big changes in nature of money, banking and financial institutions, briefly explained – Details: bit.do/azhom – Radio Islam Interview 8 Oct 19
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