3min chapter

The "What is Money?" Show cover image

Submission to Truth is Freedom | The Twilight of Gold Series | Episode 3 (WiM137)

The "What is Money?" Show

CHAPTER

Central Bank Independence

CNN's John Defterios asks why central banks can't be independent. He says they are dependent on the self interest of those who run them, not laws by which they're regulated. Central bankers once wanted to protect their own solvency and value of money, he says. But that got taken away from them when new breed became more political animals,Defterios writes.

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