Is the Global Monetary System Broken? with Jeff Snider

Interview Recorded - 06/09/2022 On todays episode of the WTFinance podcast I had the pleasure speaking with Jeff Snider - Co-host of the Eurodollar University podcast, Chief Strategist at Atlas Financial and one of the foremost experts on the global monetary system. During the episode we talked about misconceptions most have about the monetary system, why central banks do not make money, the Eurodollar system and what Jeff would do if he became Fed Chair. I hope you enjoy! 0:00 - Introduction 0:25 - Misconceptions about the global monetary system? 3:16 - Complexity has made it impossible to understand 5:30 - Why Central Banks do not make money 8:40 - Why 2008 was different to other banking crises? 10:12 - Swift helping Eurodollar system 11:57 - More money owed than exists 15:40 - How economists see the Eurodollar system 19:50 - What has this led to? 21:37 - Have central banks increased liquidity? 24:30 - Courage to act 31:15 - Inelasticity of money 33:30 - Are central banks making the right decision? 37:40 - Inflation in energy and food 38:45 - What would Jeff do if he became the Fed Chair? 42:25 - Would a Digital Dollar fix the issue? 45:35 - Inelasticity of Bitcoin and some cryptos 46:35 - One message to takeaway from our interview? Jeff Snider is one of the foremost experts on the global monetary system, specifically the Eurodollar money system, and all aspects of its misunderstood inner workings and how they impact global markets, commerce, and economy. His podcast - Eurodollar University - aims to educate the public on the evolution and nature, and nuances of the Eurodollar system and true monetary principles. Jeff Snider - Twitter -   / jeffsnider_aip   Instagram -   / eurodollaruniversity   LinkedIn -   / jeffreypsnider   Eurodollar University Podcast - Website - https://www.eurodollar.university/ YouTube -    / emilkalinowski   WTFinance - Instagram -   / wtfinancee   Spotify - https://open.spotify.com/show/67rpmjG... TikTok - https://vm.tiktok.com/ZMeUjj9xV/ iTunes - https://podcasts.apple.com/us/podcast... Linkedin -   / anthony-fatseas-761066103   Twitter -   / anthonyfatseas   Thumbnail photo from - https://zerocap.com/the-clo-bubble/