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Tuesday, May 08, 2018

Collusion: How Central Bankers Rigged the World

The word “collusion” has come to be associated with Russia, Trump and the U.S. election.

But my new book, Collusion: How Central Bankers Rigged the World,is about something entirely different and much more global:

The collusion (or coordination) that the U.S. central bank (the Federal Reserve) forged with other major central banks to fabricate money in the wake of the 2008 financial crisis.

That money went to support the U.S. financial system at first, and it later spread to markets worldwide.

Collusion is about these powerful institutions’ relationships with each other.

The book dives into how central banks rigged markets and ultimately created more inequality and instability as a result.

They did all of this in order to subsidize private banks at the expense of everyday people everywhere.

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1 comment:

Anonymous said...

I agree with this article