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Complexities of Banking Power and Politics
This chapter explores the intricate relationship between cryptocurrency, traditional banking, and political maneuverings, particularly highlighting the impacts of debanking practices. It discusses the historical context of banking regulations in the U.S., along with state efforts to regain financial autonomy and the implications for U.S. banking's future. The conversation also addresses the power dynamics within central banking and the ongoing debates surrounding the Federal Reserve's role in shaping economic policies.