Exactly seven weeks since the first interview Krugman did with me was published, I have another interview to bring readers -- it's focused on the bread and butter elements that make up a modern financial crisis.
This talk, entitled “Monetary Sovereigns, Monetary Subjects and Monetary Vassals: A Spectrum Approach to Monetary Sovereignty and Our Dollar World”, lays out the basic building blocks of how I think about the international monetary order.
For those just tuning in: I wrote a piece a day for the first three days of this week on what we should probably now term the “Trump Tariff Financial Crisis”. The only missing piece was the international financial architecture part, which is the subject of today’s piece.
Understanding what’s going on during the Trump Tariff stock market panic each day is extremely difficult. All of the most intricate and obscure questions about the Financial System’s “plumbing” become relevant all at once.
Subscribe
Subscribe [https://www.crisesnotes.com/#/portal/signup]I don’t spend a lot of
time writing about Modern Monetary Theory on Notes on the Crises. Regular
readers will know that insights from MMT
As you may have seen in other venues, from social media to reporting, this title frequently trips people up. Almost invariably people say “crisis” instead of “crises”. In fact, when I created this newsletter I knew this title would be misread.
Subscribe [https://www.crisesnotes.com/#/portal]
On this month’s episode Nathan talked to Adam Tooze, history professor at
Columbia University, about his new book Shutdown: How Covid Shook the World's