The MMT Podcast with Patricia Pino & Christian Reilly cover image

#33 Sam Levey: How Uncle Sam Paid For World War II (part 2)

The MMT Podcast with Patricia Pino & Christian Reilly

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Intro

This chapter explores the shift from the gold standard to modern currency systems, detailing how governments managed currency redemption through treasury bonds. It highlights the role of war bonds in World War II and clarifies common misconceptions about their funding purposes.

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