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Can you give us a TL;DR on how those schemes resulted in modern central banking? It's challenging to find solid info on the introduction/acceptance of central b
by boppo1 4y ago
Can you give us a TL;DR on how those schemes resulted in modern central banking? It's challenging to find solid info on the introduction/acceptance of central banking as the status quo. Lots of it veers hard into conspiracy theory and information that I can tell is wrong from a handful of college finance courses.
I know this is the second (or third) central banking paradigm that has existed in the US. The last one got shut down by ol' AJ, but I don't really understand how that all went down and how it's different (or similar) to what we have now.
- beambot 4y agoThe ~1 hour YouTube series The History of Paper Money by Extra Credit is a good, factual starting point presented in an entertaining fashion: https://www.youtube.com/watch?v=-nZkP2b-4vo https://www.youtube.com/watch?v=-nZkP2b-4vo