Why Was Finance So Much Unlike to Day?

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By the late 19 seventies, executives of large industrial corporations had joined the chorus. Financial sector responded to following probability in domestic economy by increasing its activities in countries round the world. They discovered that there was still room for a kind of really rapid growth. For these international bankers, with an increasing share of their profits coming from abroad, it's really important to keep thed as the world's reserve currency.

Inflation is once again at the center of political debate. Dan interviews Tim Barker to put monetary policy in its historical and class war context. Reading: Preferred Shares by Tim Barker phenomenalworld.org/analysis/wage-share email digradiopod@gmail.com for PDFs of the following two articles: The Vietnam War and the Political Economy of Full Employment by Dean Baker, Robert Pollin and Elizabeth Zahrt Class Conflict and the "Natural Rate of Unemployment" by Robert Pollin Support The Dig at Patreon.com/TheDig...and join The Dig's brand new Discord!