News Roundup 5/27; Money, Investment, Inflation Part 2 | Yaron Brook Show
Yaron Brook Show
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Challenges in Banking Operations and Economic Theories
The chapter delves into the operations of traditional banking, discussing the profitability models, risks associated with lending, and the impact of modernizing fintech capabilities. It also critiques the Modern Monetary Theory (MMT) and the potential pitfalls of lowering interest rates to zero. The conversation extends to global economic governance, challenges in finance roles in Europe regarding ESG guidelines, and the importance of upholding values in financial professions.
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