As a derivatives trader for 19 years, Detlev Schlichter resigned his position as a senior bond portfolio manager in 2009 to work full-time on this book, about fiat monetary systems and financial crises. He therefore knows of what he speaks. In this extensive and detailed interview, he explores with Brian Micklethwait what we should do to get our current financial problems behind us; this one really is worth listening to in its 35-minute entirety.
Listen to the interview via Cobden Centre Radio: Brian Micklethwait interviews Detlev Schlichter.
His forthcoming book is titled Paper Money Collapse – The Folly of Elastic Money and the Coming Monetary Breakdown.