The first world war was one of the deadliest conflicts ever seen. And when the US entered the war in 1917, it faced a massive financial challenge: how to pay for its contribution?
Hosts Gillian Tett and Robin Wigglesworth discuss how a national propaganda campaign featuring silent film star Charlie Chaplin raised more than $21bn – the equivalent of about $9tn today – and in doing so, birthed the modern US Treasury market and transformed America into a nation of investors.
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