Central Banking is a Confidence Game | The Snider Series | Episode 6 (WiM106)
The "What is Money?" Show
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Introduction
Snyder: It seems like every time we go through one of these events, we learn something. He says policy makers don't appear able to learn much at all. The ability for central bankers to learn, hey, this kuee stuff, this bank reserves, it doesn’t appear to be working,. Let's try something else, i don't think that's there. I think it's really about how do we maintain the status quo? How do we justify our monetary existence as a not central bank?, he asks.
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