Why the Fed is the Only Sugar Daddy Left: A 70 Minute History Of The Global Economy feat. Luke Gromen
The Breakdown - Un pódcast de Nathaniel Whittemore
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Luke Gromen joins to discuss: Why the world went on a USD system rather than Keynes idea for a ‘bancor’ world reserve currency The move to the Petrodollar in the 1970s The financialization of commodities that started in the 1980s How a shift in executive compensation rules led to many of today’s problems with Wall Street The export of Treasury Bills as a business model The fallout of 2008 globally and domestically The end of Treasury Bill buying in 2014 Why the Fed is the only sugar daddy le
