Slate Money | Money Talks: Fixing A Broken Monetary System

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4 • 1.1K Ratings

🗓️ 19 August 2025

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

In this Money Talks: Elizabeth Spiers is joined by professors Matt Sekerke and Steve H. Hanke, coauthors of Making Money Work: How to Rewrite the Rules of Our Financial System. They’ll lay out how the money supply in the US is misunderstood and underweighted in monetary policy, how that flawed system contributed to the global financial crisis, and what policymakers can do to fix it all. Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hello and welcome to Money Talks. I'm your host, Elizabeth Spires. I'm the co-host of Slate Money and a contributing writer to the New York Times. And today I'm joined by Matt Sikirke and Steve Hanke, the authors of Making Money Work, How to
0:21.8	Rewrite the Rules of Our Financial System. So guys, introduce yourself. Matt, you first. Thanks.
0:27.7	I'm a fellow at the Johns Hopkins Institute for Applied Economics, where Professor Hankey is the
0:33.0	co-director and founder. And I'm a visiting fellow at Durham University Business School in the
0:38.1	United Kingdom. And Steve? I'm a professor of applied economics at Johns Hopkins University in
0:44.6	Baltimore and a variety of other odds and ends. I'm actually in my 56th year at Johns Hopkins.
0:51.7	Oh, congratulations. I'm the senior man around.
0:56.2	So you two have written a provocative book about the global monetary system and how it
1:01.7	could be reformed.
1:02.5	And we're going to be talking about all of that coming up on Money Talks.
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