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29min chapter
The Palestine-Israel Conflict and Private Property with Saifedean Ammous (WiM424)
The "What is Money?" Show
The Causes and Consequences of World War I
This chapter discusses the causes and consequences of World War I, focusing on the British involvement in the war and the role of John Maynard Keynes. It explores the financing of the war through bond issuance and covert monetization, leading to the suspension of the redeemability of the pound in gold. The chapter emphasizes the Keynesian high-time preference thinking and the problems that arose from such actions.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode