How Trump’s tariffs broke the money machine (ft. economist Matt Sekerke)

Send us a text Is the financial system broken—or just misunderstood? Economist and author Matt Sekerke joins FUTUREPROOF. to challenge conventional wisdom on money, banking, and policy. In his new book Making Money Work (co-authored with Steve Hanke), he argues that fiat money is still king, the Fed doesn’t have as much power as we think, and the obsession with decentralization is distracting us from deeper issues. This episode dives into the real causes of inflation, how trade deficits actually work, and what it would take to restore trust in our economic institutions. Topics Discussed:Why the Global Financial Crisis broke the systemWhat monetary neutrality means—and why we’ve forgotten itThe role of broad money supply in predicting recessionsThe myth of crypto’s superiority over fiatThe misunderstood mechanics of trade deficitsHow Trump-era tariffs reshaped global financeWhy China can’t yet lead a global financial systemThe future of central banking and financial trust Pick up the book here.