Empire, Power, and People with Andrew Gavin Marshall- Episode 96


Central Banking and the Madness of Markets

EPPWhat is the purpose of central banks? How do they function, whose interest do they serve? How have they evolved over the years? Commonly referred to as ‘lenders of last resort,’ they are now also known as ‘market makers of last resort,’ once subjected to the ‘fiscal dominance’ of state authority, they are now under the ‘financial dominance’ of banks. What does the central banking system tell us about financial markets, about the global economy? What are the common criticisms of the central banking system, and are they valid, flawed, or irrelevant? This episode does not posit to have the answers, but more to begin asking the questions.


Listen to the podcast show here (Subscribers only):





SUBSCRIBE


This site depends exclusively on readers’ support. Please help us continue by SUBSCRIBING, and by ordering our EXCLUSIVE BFP DVDs.

FB Like

Share This

This site depends….

This site depends exclusively on readers’ support. Please help us continue by SUBSCRIBING, and by ordering our EXCLUSIVE BFP DVDs.

Comments

  1. avatar Michael Mendonca says:

    Libertarians I know want the power of printing money to be delegated to elected representitives instead of secretive banking institutions. Your charactization of Libertarians is simplistic.

Speak Your Mind