A brief history of money and central banks

As western societies transitioned from primarily agrarian to industrial cultures, new financial systems were deemed necessary to manage financial power sharing among the ruling class. The US Federal Reserve central bank and other central banks can best be understood as a 100 year old approach to 100 year old problems. Effectively addressing today's urgent issues of animal rights, ecosystem devastation, and deteriorating human health requires an understanding of the both the old system of central banks and the new more distributed financial systems that are evolving at breathtaking speed. From our FREE online course, Capitalism for Activists.