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15min chapter
Lyn Alden: Our Money Is Broken
The Reason Interview With Nick Gillespie
Issues with the Financial System and Trade Deficits
This chapter delves into the problems associated with the current financial system and trade deficits. It covers topics such as the vulnerability of developing countries to fluctuations in interest rates and currency devaluation, the existence of currency bubbles, the impact of trade deficits on markets, the consequences of the hollowing out of America's manufacturing base, and the implications of the US giving up or losing reserve currency status.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode