With global commerce and finance continuing to digitize, the world’s borders are seemingly becoming more fluid, even as physical walls are built. How does this globalization affect the sovereignty of nation-states and their ability to democratically direct their own economic future? In a panel moderated by Epicenter host, Sunny Aggarwal, we explore the interpretation of monetary policy from a global context, discuss the morality of impacting other nations, and the potential for new technologies to offer alternatives in a dollar-dominated world. The conversation includes Jae Kwon, CEO of Tendermint; John P Conley, Professor at Vanderbilt University; Steve Randy Waldman, Author of Interfluidity, and Baek Kim, Senior Associate at Hashed.Topics covered in this episode:A moral perspective on making monetary policy that is beneficial to one nation, and detrimental to anotherWho matters when determining externalities in governmental policiesThe possibility of a fiscal union without a monetary oneUSD stablecoins promoting the notion that the US should control the world’s monetary policyComparing the Libra to the EuroEpisode links: Dani Rodrik's Blog: The inescapable trilemma of the world economyEuro and Rodrik's TrilemmaInterfluidity Blog - Steve Randy WaldmanJohn Conley Macro WTF TalkSteve Randy Waldman Macro WTF TalkJae Kwon | TwitterSteve Randy Waldman | TwitterJohn P Conley | TwitterJohn P. Conley Personal WebsiteSponsors: Pepo: Meet the people shaping the crypto movement - https://pepo.com/epicenterThis episode is hosted by Sunny Aggarwal. Show notes and listening options: epicenter.tv/320