(*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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