For over half a year now, the Fed has been actively bailing out a few of the largest companies and especially the banks. Supervisors of the solvency and compliance with current regulations of credit score institutions, other entities or financial markets whose supervision is beneath his tutelage. On this MoneyWeek video, Tom Bennett explains what financial markets are, what they do, and why we’d like them. So we’re in fundamental agreement. Yes, central banks benefit from many businesses. Look what has occurred to GE, and lending to small businesses has all however dried up. And yes, the central bank is a representative of worldwide banking. I just wasn’t sure what you meant by tinfoil hat. I’m not trying to trace this banking cabal again to the beginning of time, however clearly these bankers have influenced governments for a lot of, many years, in Europe, after which within the US.

So, by stealing cash (by way of borrowing or inflation) to pay off the banks and keep them in business, the government will simply be rewarding the poor lending selections these banks made for thus lengthy. In fact, this creates ethical hazard for the lenders to maintain making bad loans, trusting …