The history and rising power of central banks

The Gold Telegraph/Alex DeLuce/6-8-2018

“Many central banks have become more independent of their governments. This has led to increased power, and economic chaos, global debt and inflation continues almost unabated. The central banks’ response of the 2008 financial crisis, which was to create new fiat currency as fast as the printing presses would allow, placed the recovery emphasis on bailing out banks rather than helping the economy, as a policy labeled, ‘favoring Wall Street over Main Street.’”

Share
This entry was posted in Today's top gold news and opinion. Bookmark the permalink.

Comments are closed.