2min chapter

Tearsheet Podcast: Exploring Financial Services Together cover image

The Green Finance Podcast Ep. 3: Banks' role in the climate crisis with Chris Skinner

Tearsheet Podcast: Exploring Financial Services Together

CHAPTER

The Role of the Government in the Financial System

Economies prosper if the financial system is effective and works. They fail if the pimatic system fails. Governments want finance to be a successful and prosperous. At the same time, the financial system wants to have the government support it. The most difficult example of this is in norway. Their sovereign wealth fund makes all their money out of oil. So have them so big conflict wih government's not going to shut down that revenue striam? It's ie confict.

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