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worthwhile.typepad.com
| | professorwerner.org
3.9 parsecs away

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| | [AI summary] The text presents a critical analysis of central banks and their role in economic policy, arguing that they have concentrated power, lacked accountability, and contributed to economic instability through excessive independence and unchecked policies. It highlights historical comparisons, such as the Reichsbank's failures, and criticizes the European Central Bank's (ECB) model as being similar to the Reichsbank. The author warns of the central banks' potential to create asset bubbles, financial crises, and use these events to justify structural reforms and centralized control. The text also discusses the push towards digital currencies and centralized monetary systems, suggesting a move toward Orwellian control. The conclusion calls for resistanc...
| | www.moneyness.ca
2.9 parsecs away

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| | Let's not get carried away by the idea that central banks set overnight interest rates. Central banks exercise direct control over the ...
| | andolfatto.blogspot.com
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| | There are a lot of moving parts to the MMT program. I want to focus on one of these parts today: the relation between monetary and fiscal...
| | worthwhile.typepad.com
10.4 parsecs away

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| I always suffer self-doubt when I teach the Money part of Intro Economics. Perhaps I'm over-thinking it, and it would be better for my students if I told myself to shut up, and just give them some simple clear story....