2min chapter

The "What is Money?" Show cover image

How Governments Steal | The Lyn Alden Series | Episode 3 (WiM198)

The "What is Money?" Show

CHAPTER

Is the Central Bank a Breakable Peg?

Margaret Hoover: Market participants need to know that they're not bluffing torely yet. She says the central bank can always win no matter what, but it still makes sentre ten to try it. The market wants to see if the central bank is willing to let their currency fall pretty rapidly in order to defend it., she adds.

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