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29min chapter
TIP574: Broken Money 1/2 w/ Lyn Alden
We Study Billionaires - The Investor’s Podcast Network
The Financial Turmoil of War and Currency
This chapter explores the historical impact of the American Civil War on the centralization of banking in the U.S. and the evolution of currency systems, including the transition from the gold standard. It examines the financial strategies of central banks during wartime, specifically the Bank of England's challenges in maintaining currency value amid conflict. Additionally, it delves into the geopolitical implications of monetary policy decisions and how they shape global economic disparities.
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