Ep. 325: Chris Hughes on Misunderstood Fed Chairs, Fed Balance Sheet and Offshore Dollars
Macro Hive Conversations With Bilal Hafeez
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Market Crafters: Historical Insights on Finance
This chapter focuses on the speakers' academic journey from French history and literature to the intricacies of economics and political economy. They analyze the pivotal shifts in financial markets during the late 1960s and 1970s, particularly the breakdown of the Bretton Woods arrangement and the rise of the euro-dollar system. Through this discussion, they reflect on the consequences of government policies on modern finance and the enduring stability of the U.S. dollar.
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