154. Fiat History with Niall Ferguson
The Bitcoin Standard Podcast
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British Dependence on the US
The Bank of England continued to collect the gold from post offices and banks. Most of which was sent to the United States to finance the credit. Britain gave up its global power in order to finance this war that arguably they shouldn't have been taking part in, he says. "I don't think one wants to read too far back into the story"
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