Apparently I haven't shared the books I've been recently reading since the beginning of November. Usually someone reminds me to share my reading list every few weeks, so I think someone should be fired for dereliction of duty.

•Life After Power: Seven Presidents and Their Search for Purpose Beyond the White House (BOOK | KINDLE | AUDIO) by Jared Cohen -- Just released on February 13th, this is the follow-up to Cohen's excellent 2019 book, Accidental Presidents: Eight Men Who Changed America (BOOK | KINDLE | AUDIO).

•Borgata: Rise of Empire: A History of the American Mafia (BOOK | KINDLE) by Louis Ferrante.

•Soldier of Destiny: Slavery, Secession, and the Redemption of Ulysses S. Grant (BOOK | KINDLE) by John Reeves.

•The Border: A Journey Around Russia Through North Korea, China, Mongolia, Kazakhstan, Azerbaijan, Georgia, Ukraine, Belarus, Lithuania, Poland, Latvia, Estonia, Finland, Norway, and the Northeast Passage (BOOK | KINDLE) by Erika Fatland -- A couple of months ago, I mentioned how much I enjoyed reading Erika Fatland's Sovietistan, and I was equally pleased with The Border, which has a subtitle nearly as long as the Russian border that she wrote about traveling around.

•Unruly: The Ridiculous History of England's Kings and Queens (BOOK | KINDLE | AUDIO) by David Mitchell.

•The Fall of Eagles: The Death of the Great European Dynasties by C.L. Sulzberger.

•George V: Never a Dull Moment (BOOK | KINDLE | AUDIO) by Jane Ridley.

•Adams and Calhoun: From Shared Vision to Irreconcilable Conflict (BOOK | KINDLE) by William F. Hartford.

•God Save Benedict Arnold: The True Story of America's Most Hated Man (BOOK | KINDLE | AUDIO) by Jack Kelly.

•Justinian: Emperor, Soldier, Saint (BOOK | KINDLE | AUDIO) by Peter Sarris.

•Magic: The Life of Earvin "Magic" Johnson (BOOK | KINDLE | AUDIO) by Roland Lazenby.

•Oracle of Lost Causes: John Newman Edwards and His Never-Ending Civil War (BOOK | KINDLE) by Matthew Christopher Hulbert.

•Mirrors of Greatness: Churchill and the Leaders Who Shaped Him (BOOK | KINDLE | AUDIO) by David Reynolds.

•Mansfield and Dirksen: Bipartisan Giants of the Senate (BOOK | KINDLE) by Marc C. Johnson.

•The World That Wasn't: Henry Wallace and the Fate of the American Century (BOOK | KINDLE | AUDIO) by Benn Steil.

history of audiobooks : The Marshall Plan by Benn Steil | History

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[80] Larry Williams on Hot Handed Trading and Benn Steil on Treasury Auction Fails

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Here’s what’s in your Prime Interest today: The latest on Bloomberg-gate, as we’ve dubbed it — is that they allegedly misrepresented the truth. The scandal erupted when it surfaced that Bloomberg reporters were skimming personal data from Bloomberg’s prominent clients. The firm claimed they *fixed* the problem two years ago. However, a review by an independent firm has revealed otherwise.

And what would that independent firm be? None other than prominent shadow regulator, Promontory Financial Group. Yes, the very firm that signed off on MF Global’s risk controls before Jon Corzine blew up the firm with customer money. Apparently, antiquated Excel spreadsheets and human memory were good enough for Promontory, then. Imagine what passes now.

Switching gears, yesterday the Fed release its last meeting’s minutes. But it’s just more of the same — maybe the Fed will taper, maybe it won’t. There is, however, more relevant Fed news that’s flying under the radar. They’ve appealed a ruling asking them to lower transaction fees every time we swipe our debit cards. Unfortunately, these lower transaction fees have already passed costs onto consumers. Bob talks to Benn Steil, author of the Battle of Bretton Woods, about our global markets. Then Bob interviews with veteran futures trader, Larry Williams. They talk about how he turned $10,000 into over a million dollars in a trading competition in 1987.

From The Council on Foreign Relations :

I think it is the beginning of a tipping point. Alan brought up the problem with the so-called Triffin dilemma earlier. Robert Triffin in 1960 gave very famous congressional testimony where he said: Well, look, this system that we're operating in -- under right now is inherently unstable. The United Sates will always create one of two problems. Given that the U.S. dollar, our national currency, is THE international reserve currency, the U.S. will either produce too little liquidity for the world, which will cause a crisis, or they'll produce too much of it, which will cause a crisis. But the regime would always oscillate between the two crises until you changed it. And Triffin's solution was to go to the Keynes idea of having an international fiat currency. His chief intellectual nemesis at the time was the French economist Jacques Rueff, who said: No, nonsense. The whole idea of a Bancor he described as nothingness dressed up as currency. We had to go back to the classical gold standard. And both those concepts are indeed extremely radical, but I don't believe that anybody's ever identified a coherent system that lies somewhere in between. So I think there are ways that we, as the issuer of the international reserve currency, can mitigate the likelihood of crises, like we're going through now, in the future. But I think the system is inherently prone to the sort of problems that we're experiencing.