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The Century of Central Banking | The Snider Series | Episode 1 (WiM081)
The "What is Money?" Show
Is the Free Market Getting Out of Control?
The banking system, which was supposed to intermediate good ideas and bad ideas, really failed everybody. Everybody was convinced that there was this in a new era of prosperity,. Therefore, risk was low. So so leverage starts to be injected into the system effectively. And again, you now, you could say the freemarket sort of failed here.
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