Guido Preparata on the US balance of payments, cryptocurrency, interest, inflation, and perishable money
An interview with the economist Guido Preparata, above all about two broad topics. First, how the United States maintains its central role in the global economy through the power of the dollar as the world's reserve currency. Second, about how money might be reformed to reflect its place in economic production. Preparata was a central banker with the Bank of Italy, and has taught at the University of Washington and the Pontifical Gregorian University in Rome. He has written two books, Conjuring Hitler and The Ideology of Tyranny, and edited New Directions for Catholic Social and Political Research.