Demetri Kofinas speaks with CoinDesk Chief Content Officer Michael Casey about “The Great Monetary Inflation” and the future of digital money. The two chronicle the financialization of the global economy that occurred between the end of gold convertibility in 1971 and the Great Financial Crisis of 2008. They discuss how the period of the 1970’s weighed heavily on the American zeitgeist and the political transformation that occurred between the start of the Iran hostage crisis and the fall of the Berlin Wall. The episode culminates in a conversation about the political and monetary forces that have been unleashed in response to the spread of COVID-19 and their implications for the future of capitalism and liberal democracy.
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