4min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC107: The Real Impact of the IMF and World Bank w/ Alex Gladstein and Sam Callahan (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

The Solution Quote UnQuote Is Bad

I'm a free market guy at heart, like I believe in the promise of capitalism. But when you have powerful countries closing their doors to trade and erecting barriers, it's not a fair playing field. The IMF and the bank would go to these countries and say, look, you want this money, you can take it, but only if you do these things. And basically they were getting these economies to liberalize it and open up. It wasn't a fair ask because Western rich countries weren't doing the same thing. So one of the reasons the system has never been stopped is because there really wasn't a good alternative.

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