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TIP457: Why the Dollar Is Not Collapsing w/ Jeffrey Snider
We Study Billionaires - The Investor’s Podcast Network
What's the Takeaway of the Urodal System?
In the 19 sixties and 19 seventies, central bankers realized this monetary and banking evolution that was going on through the uro dollar system made it almost impossible to define. And so there was a huge, huge blind spot for even regulars and officials to try to deal with. So what ended up happening was, around the turn of the decade, 19 70 and 19 eighties,. central bankers decided, theyd kind of threw up their hands and said, well, the monetary thing gits too complicated. Its outside our jurisdiction, so we can't really do money any more. Instead, we're trying to make it so that people believe we do money. This expectations base policy, where
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