Tuesday, March 22, 2011

Video: A History of Central Banking

Here is a short video on the history of Central Banking from Cato’s Dan Mitchell...

Here is the list of US and world financial crisis from Misis.org wiki (click on the link to redirect you to the page)


Here is a graph of the number of banking crisis worldwide post the Nixon Shock or the End of the Bretton Woods standard (from the World Bank)


The reason I had to include these is to illustrate how central banks have fundamentally failed to contain panics-the rationalized role for their existence.

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