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17min chapter
The politics of gold: Economist Michael Hudson explains why gold's price is rising so much
Geopolitical Economy Report
Gold Prices and U.S. Monetary Policy
This chapter explores the intricate relationship between gold prices, U.S. monetary policy, and inflation trends. It examines the U.S. strategy to keep gold prices low and analyzes the surprising surge in gold prices in late 2023 despite falling inflation. The discussion further delves into historical and contemporary monetary theories, emphasizing the influence of the wealthy financial sector on the economy and the implications for broader economic stability.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode