14min chapter

Swan Signal Live - A Bitcoin Show cover image

Lyn Alden | How Bitcoin Fixes "Broken Money" | EP 125

Swan Signal Live - A Bitcoin Show

CHAPTER

The Impact of Global Monetary Systems on Developing Countries

This chapter discusses the role of the global monetary system and its impact on developing countries, focusing on inflation and currency devaluations. It explores the influence of the IMF in providing loans and the conditions attached to these loans, critiquing the negative effects on individuals' savings and wages. The chapter also highlights the challenges faced by developing countries in managing their own currency systems and foreign liabilities.

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