Central Banks & Global Governance
What role do central banks play in the process and evolution of 'global governance'? This episode attempts to provide a loose definition of global governance and briefly look at the role of 'independent' central banks in defining and shaping the modern world economy, specifically the global 'market economy'. What is the endgame design? Is there one? What is the relationship between monetary and fiscal policy, and what are its implications for democracy and society? Does the future hold a parallel to central banks in the form of independent, unelected finance ministries? If you listen to central bankers, that seems to be the case.
Listen to the full episode here: