The Century of Central Banking | The Snider Series | Episode 1 (WiM081)
The "What is Money?" Show
00:00
The Central Bank Model Was Forcefully Decentralized, Right?
Central banks essentially took to position. It's called benign neglect. The ecosystem just kind of spilled out of its container, and the central bankers had no choice other than to let it do its thing. And that's why the term your dollar off shore means literally offshore, from everywhere. So this, it formally contained. Lhet's change the entire model of central banking. Which is what happened.
Transcript
Play full episode
