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4min chapter
Demystifying the Petrodollar Scheme with Alex Gladstein (WiM082)
The "What is Money?" Show
What Was Happening in the United States After World War One?
The United States became the world's largest creditor nation after world war one. We suppressed interest rates in the united states so that the british could pay us back, because if we were kind of too appealing, no one would want to invest in america. The U.S. ended up doing pretty well in the coming decade, compared to other countries.
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