Gold Reserves and Economic Struggles in Lebanon

This chapter examines the historical role of a central bank in West Beirut during a period of turmoil, highlighting a journalist's encounter with a former law professor about hidden gold reserves. It discusses the precarious state of Lebanon's banking sector and the challenges individuals face in accessing cash amid a deepening financial crisis. The chapter also critiques the central bank's strategies and the government's inability to respond effectively to economic instability, while reflecting on the insights from economists regarding wealth disparities.