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In Money We Trust
Season 2 · Episode 248

In Money We Trust

Donna Redel joins Ron Steslow to put some of biggest financial stories in the news into context

Politicology

May 11, 202353m 8s

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Show Notes

Donna Redel (former Managing Director of the World Economic Forum) joins Ron Steslow to put the biggest financial stories in the news into context


(02:00) What would it mean to hit the debt limit?


(03:21) What a U.S. default would mean for individuals


(04:30) The role of trust in the monetary system


(07:00) How does the Fed control money supply


(12:50) Why the size of U.S. debt matters


(14:50) How Bitcoin is different from other crypto currencies


(20:17) How a new dominant currency would impact the U.S. economy


(23:23) The difference between our current currency and central bank digital currencies (CBDCs)


(27:00) The risks of CBDCs


Follow Ron and Donna on Twitter:


https://twitter.com/RonSteslow


https://twitter.com/DonnaRedel

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