Fixing the broken economic system: Prof. Steve Hanke’s blueprint to making money work again
On this episode of Going Underground, we speak to Prof. Steve Hanke, co-author of ‘Making Money Work’. He discusses how commercial banks create money ‘out of thin air’, his three solutions to rewrite the rules of our financial system, the extreme wealth inequality in the United States and how it has been fueled by monetary policy, why contemporary monetary policy places too much importance on interest rates as not the money supply, the weaponization of the US dollar via sanctions and whether ‘King Dollar’ will be toppled, and much more.
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