The fundamental power to create money that makes central banks what they are, is most dramatic when they wield that power in attempts to rescue collapsing economies. This is central banks as Lenders of Last Resort.  In the seven episodes of Season 3, we're telling the history of the fundamental principle of the lender of last resort. First two episodes drop Thursday July 23, 2020; then every Thursday morning after that. 

Go to www.centralverse.org for episode transcripts and interactive graphics explaining how modern central banks work today. 

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