America's Great Depression | The Twilight of Gold Series | Episode 16 (WiM404)
The "What is Money?" Show
The Mistakes of Monetary Policy and Manipulation of Data
This chapter explores the mistakes in monetary policy and the manipulation of data by leaders, drawing parallels between the actions of a woman associated with FTX who used customer money despite knowing it was a mistake and the cognitive failures and mistakes made by the US government during the Vietnam War. It discusses the internal practices of lying, the lack of learning and institutional memory, and the pressures for false reporting, challenging common beliefs about presidential decision-making and placing more responsibility on advisors and their flawed reporting.
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