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Richard Duncan: What the History of Monetary Policy Tells Us About Our Future

by Erik Townsend, Macro Voices:

Erik Townsend welcomes Richard Duncan to MacroVoices. Erik and Richard discuss:

The events in world world history which have led to increased government spending and record debt
The catalysts that made everything “pop” in 2008
How QE works, who benefits from it, and how likely it is to persist
The results of having a government directed economic system for over 76 years
Unique conditions which allowed extraordinary policy from the Fed, and how the US could capitalize on them
The looming threat of war increasing due to a “need” for increased government spending
The alternative forms of government spending we could see in lieu of war
The possibility, and likely futility of “helicopter money”
Why we won’t see the end of the USD’s role as world reserve currency anytime soon

Click HERE to Listen

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