encore:-luke-gromen-on-the-history-and-(declining)-future-of-the-global-dollar-system

ENCORE: Luke Gromen on the History and (Declining) Future of the Global Dollar System

(igenkin/iStock by Getty Images Plus)

ENCORE: Luke Gromen on the Historical past and (Declining) Scheme forward for the International Greenback Machine

As some launch to shock a pair of put up-Bretton Woods monetary machine, macro analyst Luke Gromen explains how that put up-World Struggle II machine got here to be.

adPlace

For extra episodes and free early glean entry to sooner than our fashioned 3 p.m. Jap time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

This episode is sponsored by Crypto.com and Nexo.io.

One of a truly mighty macroeconomic questions facing the arena is what the future of the global reserve machine, dominated for the final 80 years by the U.S. greenback, holds. 

At the fresh time’s episode is a replay of NLW’s tale dialog with macro analyst Luke Gromen from April 2020. In it, Luke discusses the complete ancient past of that U.S. greenback machine, including:

  • Bretton Woods and why the arena went on a USD-primarily based mostly machine comparatively than John Maynard Keynes’ thought for a non-sovereign “bancor” world reserve currency
  • The switch to the petrodollar within the 1970s
  • The financialization of commodities that started within the 1980s
  • The monetary protection vacuum after the Frosty Struggle ended
  • How a shift in executive compensation principles resulted in many of right this moment’s complications with Wall Facet dual carriageway
  • The export of Treasury payments as a enterprise model
  • The industrial fallout of 2008 globally and domestically
  • The discontinue of Treasury bill shopping for in 2014
  • Why the Federal Reserve is the most efficient sugar daddy left

Get our guest on-line:

Internet space: fftt-llc.com

Twitter: @LukeGromen

For extra episodes and free early glean entry to sooner than our fashioned 3 p.m. Jap time releases, subscribe with Apple Podcasts, Spotify, Pocketcasts, Google Podcasts, Castbox, Stitcher, RadioPublica, iHeartRadio or RSS.

Leave a comment