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.

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recordings per month · last 12 months

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

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The Story of Money · The deal that put the dollar at the centre of the world · 20 May 2026 podcast

Now, we have the archives of Keynes at King's College and one of the most mo moving parts of the archives was Keynes' trip to Paris in nineteen nineteen after World War One, when he fell, as he wrote in letters to his mother, into a deep depression about what was happening. matched

And that's absolutely critical to why he so fought so hard. matched

years later in nineteen forty four, to try and create Bretton Woods. matched

Explain to us why he was so depressed after World War One and why in many ways what happened in Bretton Woods was his second attempt to fix it. matched

And that was his brilliant book, Economic Consequ of the Peace, which basically is a howl of despair against the triumph of revenge politics and anti globalization politicians who are wedded to populism, protectionism, and extreme nationalism. matched

Sounds familiar? matched

Keynes. matched

That's classic Keynes in a way, you know, when the facts change, I change my mind. matched

I mean one of the things that's fascinating about Keynes is that he was quite flexible and adaptable to changing circumstances. matched

And it's worth it's worth pointing out that because he was so hard to define intellectually in many occasions, today he has bipartisan interests from people on both right and left. matched

I mean, yes, the left often talk about his vision, but I was in Washington just recently talking to people in the Trump administration matched

Some of whom, like Jameson Greer, are great fans of Keynes because of what he said about international imbalances and are looking to that history for how they fashion policy today. matched

So history's very relevant in that sense. matched

And he also had, um, White a plan for how he wanted to organise the global monetary system, didn't he? matched

Which was different from Keynes. matched

Give us a quick summary of how he saw the best solution to these problems unfolding. matched

Right, so just to recap, we've got these two brilliant men, um, a made for Hollywood kind of scenario, very different characters, with countries in radically different circumstances coming together. matched

One of them wants a global currency, the other one wants a dollar, one wants to give trade deficit countries a break. matched

No surprise there, given that um Keynes came from Britain, which was a deficit country. matched

The other wants to let the country with the world's biggest trade surplus, which back then was America, not China, call the shots. matched

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