Listener mailbag with the Unhedged podcast

Listener mailbag with the Unhedged podcast

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Why Richard Nixon torpedoed the global monetary system

A century ago, when depositors lost confidence in a bank, they’d rush to withdraw their cash. In 1971, US president Richard Milhous Nixon faced a similar dilemma. But his problem wasn’t ordinary citizens fearing for their savings. Instead, it was America’s closest allies who were ...  Show more

The 18th-century woman who made saving possible for the poor

Priscilla Wakefield was a Quaker, writer and social reformer who believed financial security shouldn’t be reserved for the wealthy. Living in late 18th- and early 19th-century England, she founded the country’s first penny savings bank, giving working women and children a safe pl ...  Show more

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