The Century of Central Banking | The Snider Series | Episode 1 (WiM081)
The "What is Money?" Show
00:00
Triffin's Dilemma
We need a nationally needed, an international reserve currency. The dollar's a derivative of gold at this point. But in order for that to work, you have to have dollars available and plentiful everywhere. Some of those dollars are going to be repatriated in the united states, through france, and converted into us.
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