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SO THESE FIVE GUYS WALK INTO A HOTEL: THE PLAZA ACCORD

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Manage episode 478910709 series 1444021
Content provided by Bruce Carlson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bruce Carlson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In 1985, a new Treasury Secretary had a shocking idea. Get the financial leaders of the world large economies in one gilded hotel room and don't tell the press, or the markets, until the deal is done. The Plaza Accords, as they were dubbed, has come up again in today's tariff discussions. At least one administration official would say it's what's needed today. We get into it, and why it didn't have a long term effect. But it's also true to say this - nothing worked like Plaza before or since.

Learn more about your ad choices. Visit megaphone.fm/adchoices

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683 episodes

Artwork
iconShare
 
Manage episode 478910709 series 1444021
Content provided by Bruce Carlson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bruce Carlson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

In 1985, a new Treasury Secretary had a shocking idea. Get the financial leaders of the world large economies in one gilded hotel room and don't tell the press, or the markets, until the deal is done. The Plaza Accords, as they were dubbed, has come up again in today's tariff discussions. At least one administration official would say it's what's needed today. We get into it, and why it didn't have a long term effect. But it's also true to say this - nothing worked like Plaza before or since.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

683 episodes

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