29min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

TIP574: Broken Money 1/2 w/ Lyn Alden

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

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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