Lex Fridman Podcast
#457 – Jennifer Burns: Milton Friedman, Ayn Rand, Economics, Capitalism, Freedom
Jennifer Burns
And so the system was set up, and very quickly, most countries were—the dollar was at the heart of it, in that converting into and out of dollars was really the mechanism of trade for many of these countries. So Friedman said— You know, what we should have is floating exchange rates.
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