I'd like to see much better coverage of the mechanism by the Fed. indirectly regulates issuance via the prime rate (and other policies? actions?) and how banks issue "money" (but don't actually print "currency."

I'd like to read a lot more details of the different monetary supplies (M1, vs. M2, etc). Frankly, the Wikipedia article is an expository mess.

https://en.m.wikipedia.org/wiki/Money_supply

I'd like to see some analysis of how the banking system, as a whole, seems to depend on recursion (credit issued to most parties, for most purposes, is deposited into accounts which are the used as reserves to issue more credit) and also on how alternative uses for such funds (foreign investment and purchases, and shifts into Bitcoin or other cryptocurrencies) poses risk to the financial system by breaking out of that depository recursion.

I'd like to see a lot more on the velocity of money, and the potential for low friction, high velocity transactions, with robust settlement finality, might pose to the traditional central banking policies and regulatory mechanisms.

Does Bitcoin "threaten" central banks and other traditional finance institutions by providing this escape from depository captivity and these higher velocity transaction handling options? If so, how does that work in practice and what are the possible means to mitigate those risks or transform banking and finance such that these are features rather than risks?

In all of that, whose oxen 🐂 are gored? Who can benefit and how?

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