This is an article on the history and politics of central banking. As such it is important for understanding the details of MMT institutional analysis regarding banking in historical context.There is also some fascinating information about Reichsbank President Hjalmar Schacht.It also provides insight into how central bankers still think and operate. It's a club.Notes on the Crisis"The First Cause of Stability of Our Currency is the Concentration Camp" [Adolf Hitler]:Central Banker Solidarity on the Road to Hitler's Czechoslovakian GoldPavlos RoufosSee also:"The powers of financial capitalism had (a) far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a
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This is an article on the history and politics of central banking. As such it is important for understanding the details of MMT institutional analysis regarding banking in historical context.
There is also some fascinating information about Reichsbank President Hjalmar Schacht.
It also provides insight into how central bankers still think and operate. It's a club.
Notes on the Crisis"The First Cause of Stability of Our Currency is the Concentration Camp" [Adolf Hitler]:
Central Banker Solidarity on the Road to Hitler's Czechoslovakian Gold
Pavlos Roufos