Uncovering the Truth of the 2008 GFC | The Snider Series | Episode 4 (WiM097)
The "What is Money?" Show
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What Is the Central Bank to Do?
We keep self deceiving, actually, in this process. We have o some semblance of reality again, and then we forget a few generations later. And i think to your point, what is the central bank to do in that scenario? Right? All they can do is play clean up. But you know, everybody's dat is putting out a small forest fire, or just a little corner of a raging conflagration. That's a gor problem. It's an even pro it's an even problem for people in the system. You've got bank heads who don't understand what their banks are actually up to. I mean, they're not the ones down there writing on mathematical equations
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