Perry Mehrling - Money and Empire
A Book with Legs
Smead Capital Management
4.3 • 1.2K Ratings
🗓️ 6 March 2023
⏱️ 74 minutes
🧾️ Download transcript
Summary
In this episode, Cole and Bill are joined by Perry Mehrling, author of the book, Money and Empire. Mehrling’s work tracks the life of Charles P. Kindleberger, an international economist from the twentieth century, whose deep interest in history and economics fed his appetite to learn how the global financial system worked. The conversation covers Kindleberger’s background and upbringing, his experiences in the world of finance, and understanding the current dollar framework of the world.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | You're listening to A Book with Legs, a podcast presented by Smead Capital Management. |
| 0:08.0 | At Smead Capital Management, we advise investors who fear stock market failure. |
| 0:12.9 | You can learn more at Smeadcap.com or by calling your financial advisor. |
| 0:19.1 | Welcome to a book with legs podcast. I'm Cole Smead. I'm the CEO and a portfolio |
| 0:23.8 | manager here at Smead Capital Management. At our firm, we are readers and book junkies. It can be said |
| 0:29.0 | that leaders are readers, and we believe books provide us a great source of information for filtering |
| 0:33.9 | what is and isn't important for us as investors. Investing is the last great liberal art and the best way to spend a lifetime of learning. |
| 0:41.1 | This podcast is for readers, thinkers, business-minded people and investors who want to grow their knowledge from great authors and their writing. |
| 0:48.4 | Charlie Munger often talks about using multiple mental models and analysis. |
| 0:52.3 | Our aim for this podcast is to help listeners test mongers theory |
| 0:55.6 | in business, markets, and people. Hosting this episode along with me is our chairman and chief |
| 1:01.2 | investment officer, my father, Bill Smead, thanks for joining me. Thanks for having me. Let's say, |
| 1:05.8 | I just want to mention this. If you enjoy this show, we'd encourage you to go write a review on |
| 1:08.8 | Apple, Spotify, or wherever you're listening to this today. |
| 1:11.7 | So let's do this. |
| 1:13.1 | We're glad you've joined us for this episode. |
| 1:14.8 | We are going to discuss one of the leading economic historians the last 100 years and the |
| 1:19.6 | person that built up the framework of how we look at the dollar as the reserve currency today. |
| 1:24.2 | Perry Merling is joining us to talk about his recent book, Money and Empire, Charles P. |
| 1:28.1 | Kindleberger and the Dollar System. He has published three other books, money interest and public |
| 1:33.9 | interest in 1997. He then published Fisher Black and the Revolutioner Idea of Finance in 2005, |
| 1:39.7 | and his book prior to this was the New Lombard Street in 2011. He is a professor of economics at the |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Smead Capital Management, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Smead Capital Management and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

