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My guest today is Raymond Baker, a businessman, author, and an authority on corruption, money laundering, and foreign policy issues. He has conducted business around the world, buying and building companies, consulting on anticorruption strategies, and advising on economic matters at the highest levels of government. Baker received a MacArthur Foundation grant to support in-depth research on illicit financial flows as a guest scholar at the Brookings Institution.
The topic is his book Invisible Trillions: How Financial Secrecy Is Imperiling Capitalism and Democracy and the Way to Renew Our Broken System.
In this episode of Trend Following Radio we discuss:
- Perspectives on capitalism and democracy
- The financial secrecy system
- The risk of authoritarianism
- The sustenance of the democratic capitalist system
Mentions & Resources:
- Raymond Baker
- How Financial Secrecy Is Imperiling Capitalism and Democracy and the Way to Renew Our Broken System
- Capitalism’s Achilles Heel: Dirty Money and How to Renew the Free-Market System
- Jeff Bezos
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