The Dangerous History Podcast covers the history that the Establishment would rather you NOT know, helping you learn the past so you can understand the present and prepare for the future.
(*Note: This is a Vintage Dangerous History Podcast from 2014, reissued on the public DHP feed for a limited time. Please cut the poor audio quality some slack!)
Here it is, another installment in our non-consecutive mini-series on the tumultuous history of the United States Dollar.
Join CJ (in 2014) as he discusses:
- The Bretton Woods system, set up in 1944 as the framework for the international monetary order
- The roots of the Great Inflation (c. mid-1960s-early-1980s) that would end Bretton Woods & any link between the US dollar and specie (gold & silver), including the rise of the so-called “New Economists”, who pushed a Neo-Keynesian view that relied heavily on a model called the “Phillips Curve” (BTW, the stagflation of the 1970s later proved that the Phillips Curve doesn’t always work)
- How the Great Inflation came to be, looking across multiple decades & presidential administrations
- The government’s responses to inflation, including de-monetizing silver in the mid-60s & ending the Bretton Woods ‘gold window’ in 1971
- Some of the effects of inflation
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