Gillian Tett

speaker

1,226 appearances 12 recordings 1 series first heard May 2026 last heard 2 Sep

Gillian Tett’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

Recordings per month over the last 12 months — 12 in all, peaking in Jul 2026 with 4.

Appearances

newest first · ▶ plays the moment

The Story of Money · Why Richard Nixon torpedoed the global monetary system · 3 Jun 2026 podcast

So the question is, will the US be able to honour its pledges or is something going to crack? matched

I wondered how long it was going to take you to get to the T word, the Trump word. matched

Yes, matched

indeed a question I think many people would ask immediately. matched

Just to recap, you've got a dollar that's looking increasingly overvalued, and you've also got these swelling trade imbalances, where essentially Japan and West Germany are running huge trade surpluses, getting loads of dollars as a result, and the whole system's looking more and more potentially strained, if not unstable. matched

As I understand it, one of the things that Nixon complained a lot about was the idea that Germany and Japan weren't opening up their markets enough, and that was very unfair. matched

Again, that's got echoes of today. matched

I'm curious, from the perspective of Germany and Japan though, or West Germany as it was then, who did they blame for the system coming under matched

So the pressures are building. matched

Things are looking increasingly unsustainable. matched

Something's going to have to give. matched

The question is what? matched

So that's our cliffhanger. matched

And you will find out in the next episode what happens to the dollar, what happens to the Bretton Woods system, and what happens to America's position in the world as a whole. matched

Part two of The Nixon Shock here on The Story of Money with me, Gillian Tett. matched

I look forward to it too. matched

We'll meet again here next week. matched

The Story of Money · The 18th-century woman who made saving possible for the poor · 27 May 2026 podcast

Absolutely, and in fact in many ways it's a lot like the emerging markets today and the story we're gonna tell is very salutary in that respect. voice-verified

But the key point to note or to start with is that although there were extraordinary opportunities for men at the time, women had far fewer opportunities, particularly married women. voice-verified

Again, there's a lot of parallels with what's happening in the emerging markets now. voice-verified

Showing 1001–1020 of 1,226 · page 51 of 62