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The story of central banking is one of evolving intentions, unintended consequences, and ongoing debates about control, risk, and fairness in the economy.
In this episode, John and Alex Soutsos trace the history, evolution, and unintended consequences of central banking from Alexander Hamilton’s 1791 blueprint to Jerome Powell’s inflation dilemma today.
With wit and clarity, they explain how central banks were designed to prevent bank runs and create stability, but instead may be fueling business cycles, moral hazard, and widening wealth gaps. You’ll also hear how fiscal policy, political interference, and emergency bailouts have reshaped the role of the Federal Reserve and its global influence.
What you’ll learn:
Connect with Med-Wealth Financial Services:
By John and Alex SoutsosThe story of central banking is one of evolving intentions, unintended consequences, and ongoing debates about control, risk, and fairness in the economy.
In this episode, John and Alex Soutsos trace the history, evolution, and unintended consequences of central banking from Alexander Hamilton’s 1791 blueprint to Jerome Powell’s inflation dilemma today.
With wit and clarity, they explain how central banks were designed to prevent bank runs and create stability, but instead may be fueling business cycles, moral hazard, and widening wealth gaps. You’ll also hear how fiscal policy, political interference, and emergency bailouts have reshaped the role of the Federal Reserve and its global influence.
What you’ll learn:
Connect with Med-Wealth Financial Services: