Bert
2mo ago
The US is on the track of “everyone for themselves and god for all”.
When the last physical interview between Klaas Knot (dutch central bank and head of the global financial stability board) and Jerome Powell took place there was clear tension between the two. According to Powell central banks should not mingle with sustainability and diversity, focus on your core task of price stability.
However, after the financial crisis it was made clear that no saving of banks would take place anymore. But in the US this happened anyway (SVB etc), against what was agreed upon. Now the battle for money is really starting to kick off and it’s clear the scamming will only increase.
When the last physical interview between Klaas Knot (dutch central bank and head of the global financial stability board) and Jerome Powell took place there was clear tension between the two. According to Powell central banks should not mingle with sustainability and diversity, focus on your core task of price stability.
However, after the financial crisis it was made clear that no saving of banks would take place anymore. But in the US this happened anyway (SVB etc), against what was agreed upon. Now the battle for money is really starting to kick off and it’s clear the scamming will only increase.
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Bert
@bert
2mo ago
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Bert
@bert
2mo ago
And for people who like to watch that interview, it’s from 8 months ago. Tune in after 33:00:
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Bert
@bert
2mo ago
Bad link: better use this one from 42:00:
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